An absolutely AMAZING number of gap trades presented themselves this morning...
It appears as though the initial market reaction on open was to sell the USDollar.
I took the following trades
GBPJPY Short GBPUSD Short EURUSD Short AUDUSD short USDJPY long USDCHF long
At time of posting these were the relevant charts: (apologies for "different" charts had to use another platform as difficulties with IGMarkets "weekend data display" was drivng me nuts... ) These trades were taken on IG
I found a nice simple way to note gap trades without charts as IG kindly resets prices on these pairs to register zero change prior to Monday morning market open and so I was able to "see the gaps" purely by price change on open.
Current status of trades:
AUDUSD, GBPJPY both closed at gap fill.
USDCHF, EURUSD GBPUSD and USDJPY still open.
All trades currently in profit... (USDCHF "came good" whilst posting this).
