bidara
Super Active Member
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- Feb 20, 2008
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Price Gap Trading Strategy
The Strategy
* If a currency pair has a price gap that has moved up, then you would place a short.
* Place take profit mark at Fridays close or high.
* If a currency pair has a price gap that has moved down, then you would place a long.
* Place take profit mark at Fridays close or low.
If you use the price gap strategy, I recommend a tight stop loss. Ideally, a 10-20 pips above the entry bar.