Sunday open of the market with a gap to new level and no intermediate price action in between. Although some consider it a forex legend, the psychology of markets is such that the gaps always close on major pairs, and it ids extremely rare to wait ...

EURUSD

I am still holding long positions since yesterday (1.2925 on average) through the dip to 1.28's - and will ride those till the gap closing @ 1.3050 Also long EUR/CAD (almost closed the gap now) and EUR/GBP

EURUSD

USD/JPY is showing troubling pressure downward - the stereotypical flight from risk

EURUSD

Max, very well - the market pressure will build, and the gap will get closed. I would even claim that the presence of that gap is the main reason why it doesn't fall rapidly on the minister resignation news. I am long EUR/GBP @ 0,8540 for 14 pips TP

EURUSD

Notice how on the current 1-hour candle the BB started to open up - both upper and lower. The range trading is coming to an end. Another scalping long for me @1.2920

EURUSD

Max, there is no conspiracy here at all. The gap is created when heavy news happen during market downtime. Closing of the gap is part of psychological behavior of market participants - it is a clear target in sight. If you look through forex history ...

EURUSD

It can move both up and down as a result - and analysts will use the same piece of news to "clearly" explain the move in any case) The way I see it - the gap will be closed on any news, when the issue gets half-resoled, it might trend to 1.2670-1.27 ...

EURUSD

Why? It's perfect - you keep long orders at the low border of the range, and take profit on the bounce up

EURUSD

LeeNoa, on USD/CAD 1.0268 has just been hit - 1 pip below R2. I am not so sure about 1.0272 - 3 pips above R2 If the rising trend reaches above R2 you might as well keep riding it, but I don't see enough momentum

EURUSD

Closed @1.2940

EURUSD

My additional long orders got filled @1.2925 - scalping those for 15-20 pips up

EURUSD

I have daily R2 at 1.0269 (based on Buy level), makes sense to aim 2-3 pips below that

EURUSD

I have patience) It will close after the news on parliamentary vote. Even if they delay the decision, it will still be a news trigger. Gaps on EUR/USD can't be too long lived - this pair has the highest liquidity. EUR/AUD might take longer - but ...

EURUSD

I base it on the inevitable closing of the Sunday gap. I wouldn't be so certain without it

EURUSD

The bears are simply waiting for 1.3050 level) Why would they try to stop a train with their money?

EURUSD

The price action is stalled between the two horizontal BB borders. The longer and tighter they squeeze the PA, the more spectacular is the breakout. Considering the gap that still hasn't been close, it will break upwards following the next piece of ...

EURUSD

No, CAD news are a different story. I am simply riding long on all major EUR pairs closing the Sunday gap. Currently long in EUR/USD, EUR/CAD, and EUR/GBP

EURUSD

EUR/CAD has started to ascend, currently held by the horizontal upper BB (1-hr) and news release on CAD in 2 minutes Then the gap will get closed @ R1.5 level (1.3305)

EURUSD

Yes, they will loose. And then, if the losses are too high for Finnish or Dutch retirement and social security investments, then Finland and Netherlands have to take care of their respective systems. And France can think of bailing out Societe ...

EURUSD