All though it would appear in practice that all brokers open their charts at more or less the same time on a Monday morning the results achieved have been reported to be both better and worse than our results.
For the reason we can only ensure that the EA is technically sound and will trade any Weekend Gap no matter when and what size as instructed to. We can not guarantee the results you will achieve. Traders are always responsible for their own trading decisions. Fundamental analysis uses news and economic information to determine strong and weak currencies. Technical analysis which involves tools such as indicators and support and resistance to determine optimum entry and exit points to trades.
Market behavior purely trades price moves in the market that occur on a regular basis. No indicators or fundamental information is required. It is by far these easiest way to trade the Forex Market. Measured market behavior proves that a very high percentage of weekend gaps close after they happen.
If fact dedicated traders keep such good records of this what they can tell you exactly that there is a The behavioral trades are based of probability where traders know the statistics of how often a trade will succeed. This trade has been traded manually for many years and we have religiously been trading it Monday after Monday. You would be crazy to miss this opportunity. So what is a weekend gap?
Your broker closes trading over a weekend and opens trading on a Monday morning. There is often a Gap between the closing price on the Friday evening and the opening price on a Monday morning. The Forex Market does not sleep is active 24 x 7.
Banks in certain countries are open on Saturdays and Sundays. Economic and political events happen over week ends such as the Greek crisis. These gap occur regularly in varying sizes.
How this trades works is very simple. It is so simple that this is in fact the course of how to trade this trade. Enter a trade back to the Friday close price on a Monday morning. It can easily be done manually. Manual trading becomes complicated when there are many currencies involved and the Brokers Monday morning is in the middle of the night for some people and spreads are not stable. Most Brokers widen their spreads during the weekend.
On a Monday morning these spreads remain high until the broker opens operationally. So entering is not that simple and needs to be monitored continuously so that you are not exposed to these high spreads. So if you are wanting to trade this trade using a number of currencies at the right time on a Monday it is best to automate the trade — especially the spread monitoring side.
Some Feedback from traders in the first weekend after the Launch which did not have many weekend gaps: Your purchase of the licensed MT4 Weekend Gap EA entitles you to use it as many times and on as many currencies and charts as you like as long as the EA is not used on more than 2 computers at the same time. Please wait 10 seconds to be returned to the Expert4x website for important information after your purchase. For the reason when can only ensure that the EA is technically sound and will trade any Weekend Gap no matter when and what size as instructed to.
Watch the video below to see: Click on the file to see the test results as shown in the video above. You can trade Forex in 3 main ways: Fundamental Analysis Fundamental analysis uses news and economic information to determine strong and weak currencies.
Technical Analysis Technical analysis which involves tools such as indicators and support and resistance to determine optimum entry and exit points to trades. Market Behavior Market behavior purely trades price moves in the market that occur on a regular basis. What is a Weekend gap? How does it happen? How to trade the weekend gap? Because there is only 1 potential trade a week per currency you can trade this approach with reduced capital The EA manages timezone issues and adapts to your brokers times automatically.
Every Monday we will be trading the Weekend EA live using 2 accounts and 2 sets of settings. We will be telling all our clients what those setting are going to be before the time in the Forum on the Sunday.
So you will be able to monitor and compare trades to those accounts. Trader feedback Some Feedback from traders in the first weekend after the Launch which did not have many weekend gaps: All the default settings. After your purchase please allow 10 seconds to be connected to Expert4x.
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