monday gappies 11 oct

kicking off early to share my research and thoughts.
good trading everyone in the morning.

my thoughts on why there are gaps has changed a little.
yes there are orders in the system and f/a changes over
the weekend, like imf meeting, but i think in reality
the market that is open creates new forex rates that
we see on open. what market is open on sunday, dubai.

always good to check what it did on a sunday.

http://www.bloomberg.com/news/2010-10-10/dubai-stocks-rise-to-5-month-high-on-earnings-expectations-tel-aviv-gains.html



on the gaps trading, i don't treat it as part of my plan.

i use them to shape the week. who's hot and who's not.

if a trade presents, i will take it but not every week.

usd was weak over nfp and during sat in tokyo.