This topic is very important to traders who understand the market. A trader who knows what he or she is doing always watch out for gaps. They are price spike and I believe most times price will still go back there for a close to take a direction after its close. This can take like a week or two to close and in rare cases, it can take longer time that it won't be noticed or that market took it course and naturally got back there.
For example, in forex trade , gaps usually happen after the weekend to and appears at the opening of the market.
Topic: Ignore the Gap (Read 183 times)
That is because of pretty much holding of most while buying and selling of several people that will most likely create a gap. Let's just say the day traders is the major cause of it, then what? create an entry point where you can maximize the needs to fill the gap. This is bloody as hell, you're right.
Isn't it counts as direct manipulation from them?
Sounds like it should be illegal honestly
GAP is a price spike event, to be filled or not depends on the assumptions of each trader. but for me the gap is a new defense, so we can trade when the price will close the gap. this incident is just a habit of us as traders, to right or wrong depends on market conditions, for me what is clear is that GAP is an interesting area for transactions
Haven't heard about this "futures gap" before. Guess it relates to the futures market, and the traders wanting Bitcoin to move in certain way as a condition to keep trading? If that is the case, the traders need to understand that there are many other brands Bitcoin stakeholders who need to be aware and agree to those conditions. That why consensus and rules are very important in real crypto world.
It may not be logical for all the "GAP" to be filled on a MUST
However i think GAP on market has been something that actually implant into quite a number of trader where it must be "filled"
Anyhow, most of the gap were filled and its up to one to believe whether it should be filled or not
Different trader has different perspective on each and every of the method
However i think GAP on market has been something that actually implant into quite a number of trader where it must be "filled"
Anyhow, most of the gap were filled and its up to one to believe whether it should be filled or not
Different trader has different perspective on each and every of the method
Well, they do have a right as well, I have never dealt with futures and I do not plan on doing that at all but that is literally what they want and they do not have to get what they want but they do have to want something. If they have enough power and money to back things up that kind of means they can do what they want as well.
If you and me had billions of dollars in our bank account and we didn't cared about what futures people think about, we could have done what we want as well. So, as you see it is not about what they want but it is more about what they can achieve and if they can do what they want (never used want in a sentence for that many times in my life
.)
Just lower their power, attract people to regular investing by buying bitcoin directly and you will remove the trouble with them doing whatever they want.
If you and me had billions of dollars in our bank account and we didn't cared about what futures people think about, we could have done what we want as well. So, as you see it is not about what they want but it is more about what they can achieve and if they can do what they want (never used want in a sentence for that many times in my life
.)Just lower their power, attract people to regular investing by buying bitcoin directly and you will remove the trouble with them doing whatever they want.
That is because of pretty much holding of most while buying and selling of several people that will most likely create a gap. Let's just say the day traders is the major cause of it, then what? create an entry point where you can maximize the needs to fill the gap. This is bloody as hell, you're right.
Take advice with a pinch of salt.
A lot of the time gaps like the cme gap are caused and day traders may work Monday to Friday too... If a gap forms on a weekend for example on a Sunday, volume is pretty low so it's pretty easy for stuff to move...
If the trading depth becomes low on a Monday or Tuesday a reversal is pretty likely.
A lot of the time gaps like the cme gap are caused and day traders may work Monday to Friday too... If a gap forms on a weekend for example on a Sunday, volume is pretty low so it's pretty easy for stuff to move...
If the trading depth becomes low on a Monday or Tuesday a reversal is pretty likely.
[RANT]This is my new pet hate, the "Futures Gap" and why people feel the need
for it to be closed.
Its like Bitcoin is a subservient thing at the mercy if these Futures traders.
for it to be closed.
Its like Bitcoin is a subservient thing at the mercy if these Futures traders.
It's all about the type of gap.
Most of the CME gaps (when the market closes for the weekend) are just "common gaps." They get filled because they are small and technically insignificant. Price usually would have returned there anyway in the ordinary course of ranging.
If a gap is a breakaway or runaway gap then it's way less likely to get filled.
[RANT]This is my new pet hate, the "Futures Gap" and why people feel the need
for it to be closed.
my thinking is if you want to play with Bitcoin speculation, work away but
why does the Bitcoin price have to come back to a point where you can
start your new trade?
Its like Bitcoin is a subservient thing at the mercy if these Futures traders.
I say forget them, forget about the Gap but of course a lot of people are
affecting the markets thinking that "the gap has to be closed"
No it bloody well doesnt[/RANT]
for it to be closed.
my thinking is if you want to play with Bitcoin speculation, work away but
why does the Bitcoin price have to come back to a point where you can
start your new trade?
Its like Bitcoin is a subservient thing at the mercy if these Futures traders.
I say forget them, forget about the Gap but of course a lot of people are
affecting the markets thinking that "the gap has to be closed"
No it bloody well doesnt[/RANT]
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