Is This The Longest Running Gap In Euro-Usd ?

 
  • 67% (18)
  • 33% (9)
Total voters: 27
 
Imtiaz Ahmed:
  • Yes
  • No

Which gap?

 
PennySeven:

Which gap?

The gap created on the 24th of April 2017, right after the French election results.

 
Eleni Anna Branou:

The gap created on the 24th of April 2017, right after the French election results.

gap

 
Thushara Dissanayake:


Thank you. 

 
anything similar happened before?
 
Imtiaz Ahmed:
anything similar happened before??

Gaps during the Monday to Friday trading week are extremely rare in the EuroDollar market in normal trading conditions. Obviously, there are many week-end gaps. 

There is no gap theory for trading the EuroDollar like for trading shares.

 
Imtiaz Ahmed: anything similar happened before??

Yes, many times, but not necessarily always that big of a gap.

Here are some recent ones that I can remember but there are much more going back in time:

  • 59 pips on 2016-06-20
  • 82 pips on 2016-06-27
  • 74 pips on 2016-11-07
  • 52 pips on 2016-12-05
  • 192 pips on 2017-04-24
  • 52 pips on 2017-09-25
  • 54 pips on 2018-01-22

Here is a chart of weekly gaps:

Weekly Gaps on EUR/USD

 
PennySeven: Gaps during the Monday to Friday trading week are extremely rare in the EuroDollar market in normal trading conditions. Obviously, there are many week-end gaps

There is no gap theory for trading the EuroDollar like for trading shares.

Yes, there is "gap theory" for successfully trading EUR/USD (and others) on weekend gaps. I have been doing so for a long time.

One of the most common strategies is to fade it, but it is not the only strategy that can be used. Do some research on it. You will find plenty of information on it!

 
Fernando Carreiro:

Yes, there is "gap theory" for successfully trading EUR/USD (and others) on weekend gaps. I have been doing so for a long time.

One of the most common strategies is to fade it, but it is not the only strategy that can be used. Do some research on it. You will find plenty of information on it!

Obviously I exclude week-end gaps, news gaps, Brexit type gaps and the Swiss currency situation gaps. 

I am referring to gaps during normal trading. I have seen a few small ones over the last two years. They got filled quite quickly. 

Your data, do they include news gaps?

 
Fernando Carreiro:

Yes, many times, but not necessarily always that big of a gap.

Here are some recent ones that I can remember but there are much more going back in time:

  • 59 pips on 2016-06-20
  • 82 pips on 2016-06-27
  • 74 pips on 2016-11-07
  • 52 pips on 2016-12-05
  • 192 pips on 2017-04-24
  • 52 pips on 2017-09-25
  • 54 pips on 2018-01-22

Here is a chart of weekly gaps:


22 JAN 2018 was a fat-finger gap in Asia. I remember that one. I´m not talking about that. That is an exceptional situation. 

I´m talking normal trading gaps.

Reason: