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Forex Strategy “Gap”

Forex Strategy “Gap”

This is a multi-currency strategy that can be used for trading with any currency pair. It is useful to apply the interval – M5-M15.

The strategy resembles the “Return to the Gap” strategy. The difference is that it needs an indicator for trade and other options to enter into the market.

First, install the subsidiary forex indicator (i-GAP) on the chart for the picked currency pair. The indicator will determine the size and presence of the gap, and when the market opens, as well as the direction in which the trade should be opened. For buying transaction the green arrow pointing upwards appears. For selling transaction the red arrow pointing downwards appears.

After the market opens, check what currency pairs Gap formed and make a deal of extend in the gap direction. One should start transactions only with those currency pairs that were formed of more than 15 GAP items.

 

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 

 

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