Australia's largest stock trading and investment forum Australia's #1 stock forum

Trading Target Candles, page-2003

First 2003 Last

Share
Profile

Follow
GenYtrader2000

264 Posts.

10/03/20

21:12

Post #: 43414355
Share

Originally posted by Cooder: ↑

I usually trade Monday gaps. Some nice gaps this morning , although trading the gaps lately is not
wise. Best to let Mondays be a day to let Markets settle.

Your spread size will depend on your Broker, and some are much larger than others.
If you are on Demo it won't matter as its like a video game, nothing is real and neither you or the
Broker lose. Chances are you will get .5 spreads on open on demo.

In the real world it takes about 15 minutes for spreads to settle, although others may have a Broker that
is better than mine.

Here are the Pairs I usually trade on Monday gaps if the gap is above 25 pips. Also Spread pips after
15 minutes.

AUDUSD .... 1.2
AUDNZD... . 2.2
AUDJPY.... 1.8
GBPUSD..... 1.8
USDJPY...... 1.3

Expand

Hi Cooder,

thank you very much for the info and sharing that, really appreciated.

yes markets are volatile at the moment.

cheers
Upvote

Reply

There are more pages in this discussion • 23 more messages in this thread...

First 2003 Last