Sunday Forex Chart 1H to W March 19th

 sunday evening 1h 4h d w


monday evening




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Techniques for Trading an Opening Gap Up

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Techniques for Trading an Opening Gap Up In trading, an opening gap up is when the price of a currency pair opens higher than the previous day's closing price. A gap up may occur during an uptrend or downtrend and can be a continuation or reversal signal. There are several techniques that traders can use to trade an opening gap up. The first technique is to wait for a pullback. After the gap up, the price may pullback to test the new high. If the pullback is shallow and the price quickly resumes its upward move, this is a continuation signal. The trader would enter a long position on the pullback. The second technique is to use a limit order. The trader would place a buy order a few cents above the previous day's high. If the price gaps up and then rallies to the trader's buy order, this is a continuation signal. The trader would then enter a long position. The third technique is to use a stop order. The trader would place a stop order a few cents below the previous day...
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