Hi Awesome people, since our last discussion here on EUR, it has reversed strongly against USD.
Anyway, i got a question for those who have traded weekend gaps a bit on monday mornings, please. Can anyone please advise how long after open on monday mornings do the spreads settle, and how many pips spread one would be looking at? I am targeting some gap trading perhaps 5 minutes after open, however concernced that if the spreads are too wide that i may not even make a profit or very little profit after spreads etc.
I was targeting AUDJPY but some articles suggest sticking to the most liquid currencies due to spread ie EURUSD. Any advise would be highly appreciated. Cheers
