GBP/JPY - Be mindful of market gap

18 февр. 2019 г.

Generally, gaps in price (whether actual gaps or liquidity gaps) get filled after some time. If the market doesn't go and fill them immediately, I like to wait for highs or lows to be taken. Once stops are taken, the gap should be ready to be filled. TIME does play a factor as with most, if not all analysis.

Looking for a swing of 50+ pips at the moment. If highs get swept and we see price fall lower, I will wait for a potential retracement and enter for a short down to the gap "fill".

Always keep your risk management in check!

Cheers