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ForeCastle

  1. Using Chart Gaps to Build an Effective Trading Bias

    by , 09-17-2014 at 04:27 AM
    Talking Points:
    -The Psychology of Gaps
    -When the Gap Doesn’t Fill
    -Using the Gap for Future Reference

    "There are no facts - only interpretation" – Nietzsche

    In the Forex market, gaps are rare. A gap shows on a chart when an open prints below the prior close. This often happens to a major shift in the market’s understanding of value from the close of the prior session to the start of the current session.

    The Psychology of Gaps ...