What are gaps in forex trading and the movement of market.
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  • #1 Collapse

    What are gaps in forex trading and the movement of market.
    Grapes are points in a market when there is a sharp movement up or down with little and no trading in between resulting in a gap in the normal price pattern. Gaps do occur in the forex market but they are significantly less common than in other markets because it is traded 24 hours a day , give days a week. Gaping can occur when economic data released that comes as a surprise to the market's or when trading resume after the weekend or a holiday.
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  • #2 Collapse

    Yes dear gap occurs in the holidays we have recently witnessed a huge gap by oil trading there was attack on Saudia oil refinery due to which after the weekend the oil prices gone very much up 5 dollar per barrel with the gap from 55 dollar per barrel to 60 dollar per barrel. So we must close before the markets close on the weekend.
    HOORAB878 TRADING JOURNAL

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    • <a href="https://www.instaforex.org/ru/?x=ruforum">InstaForex</a>
    • #3 Collapse

      The movement of the Markey is normally run ,but the gaps occurs due to some instant and sudden moments that happens fortunately or unfortunately,in the last month as the attack on oil refinery of Saudi Arabia rise the demand and prices of oil instantly with a gap of 5$ per barrel. So we must focus on geopolitical issues while trading .
      AbdulRehman973 trading journal.

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