kraven Posted January 14, 2011 Report Posted January 14, 2011 I don't normaly trade oil but took a look at BRENT today and noticed a huge gap of 112pips (10:45 to 01:00 GMT). this got me looking through the charts and noticed at this time on: 14 dec..gap 17pips..filled 15.....16....filled 17....9.......filled 20....17.....filled 27.....13...filled 28....20....filled 30....21.....filled 31....17....filled 7 Jan...62...filled and today 112pips and appears to be slowly filling as i type. Does anyone trade these gaps? if so how? do you have stop loss and entry rules? as i tried a little bet on this today and been closed out both times Thanks
kraven Posted January 14, 2011 Author Report Posted January 14, 2011 (edited) BOOM just been filled as i finished typing......so it........on US data......so that's another one to add: 14 Jan.........112pips.......filled Edited January 14, 2011 by kraven
juicyt Posted January 14, 2011 Report Posted January 14, 2011 What platform and free broker for Oil, Kraven?
kraven Posted January 15, 2011 Author Report Posted January 15, 2011 juicyt don't know what you mean by 'free broker'....platform MT4....spreadbetting firm 'smart live spread'........BrentSB spread 4-5pips even with commision out the above gave 239pips.....however, many of these moved in the oppersite direction before closing, giving much bigger rewards, if you know how and when to enter e.g. it pulled back 50pips max before reversing and closing the 112 gap today.
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