Monday August 1st Weekend FX gaps, page-6

Many thanks for your prompt reply. Much food for thought.

Will be very interested in you continuing to post on these FX threads.

If I feel I can contribute anything then will do.

Am considering where to place S/L post gap. If that could be calculated reasonably accurately-say as % of the gap, then it may be possible to enter multiple markets with the same $$ risk. Then rely on high win ratio to make profits.
I wonder if you looked at this.

Also, which trading platforms give the best deal?

Have to say that I love taking what are effectively arbitrage positions. Did it 10 years ago with EPL substitutions until Betfair closed the market due to 'lack of liquidity'. Since been reinstated, but numbers don't work any more, ie everyone else did their sums.

Don't think I'll experience liquidity issues with FX

btw Been researching opening gaps on LSE with multiple listed companies, BHP and primarily RIO. This is why your posts piqued my interest.

Started on same sort of journey as you, though much further behind.
London because my Spreadco (UK) account is cheap to trade with.

Provisionally, on less than 2 weeks stats, small profits on trading daily gaps and big profits on Monday gaps.
At the moment though, it requires a complex process of going both long and short just before close with tight stops, then next day closing the winner just after open.

Research still in it's infancy

May not suit you, but more than happy to share with anyone here. Just ask.