Hi Team,
Another Candlestick question as I progress through the ‘School of Pipsology’
Take a look at the attached Chart:
You can see that the current Price for a particular item is: 7.4741 Euro, but, I am asking if I can buy it at: 7.400 Euro.
Is this a long shot and it may get filled or am I dreaming again?
Pete
Can’t imagine why you would want to buy for a short-term trade using this god-awful chart. Maybe you want to give a bit more detail of your TA?
Meantime, what about setting both a buy order and a sell order to bracket current price action?
That’s an illiquid market… what’s the spread? There’s a reason for all those gaps.
Thanks EmeraldEyes,
So if the Spread is Wide = More gaps?
Pete
It looks very illiquid. Wide spreads are a sign of an inefficient market.
Why do you need to sell Euro and buy APT?
