Good post....have been watching these gaps for a while also and is uncanny the % that close
Do you find that once closed the currency pair continues on its previous week trend?
I have been burnt a few times as I hold LT positions based on the trend and use 2 positions (stop loss and trailling stop loss) and find that on open, occassionally am stopped out of 1 position and sometimes both (rarely as my stops are at least 100 pips)...and miss the continuation in the trend....missing out on profits (obviously I can reset position)
Interested in your view
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Shanthar Pathmanathan, MD
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