monday gaps ho, page-5

  1. 4,960 Posts.
    Re swapping positions once a gap is closed...

    As has just happened with the EURJPY often enough, when the gap is initially closed, there will be an immediate reaction of a rejection of the gap level, and this can be a useful place to not only close the gap trading possie but reverse.

    HOWEVER, this reverse trade I have found is good for a svalp but is not necessarilly something you would want to hold long term.

    ;)
 
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