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Trading Monday Opening Gap Trading Monday Opening Gap
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Show me the money! [Daytrading] Need some trade ideas for today? Want to share your own intraday trade ideas? If you're the next Jerry Maguire and can show us the money then this thread is for you. Also, check out the School of Pipsology if you want to learn which timeframe you should trade in.

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Old 09-28-2009, 07:11 AM
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Default Trading Monday Opening Gap
This morning the EUR/USD opened with a 30 pip upward gap to the Fri close. I went short as in most cases the gap gets closed in the first few hours. Also the Dow closed negative on Fri which supports a stronger USD in the current environment.

The trade worked out nicely. My TP of 60 pips was hit. Of cause the EUR/USD fell another 60, but thats a different story
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Old 09-28-2009, 09:54 AM
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From this?
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Old 09-28-2009, 07:21 PM
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Default opening gap
from this



to this




to this

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Old 11-01-2009, 12:30 AM
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Why didn't you ride it up first and then down?
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Old 11-01-2009, 04:26 PM
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Nice, seems similar to Larry Williams Oops strategy.
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