@Ayox2003

U r doing a gr8 job. Thanks.

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ayox2003: Whenever you see a chart, and notice that a GAP is between Candle A and the next candle (Candle B), four possible scenarios would happen:

1) If the GAP occurs in a downward trend, wait for the next candle formation. Once the next candle follows the trend, SELL/FALL. It means investors have made up their minds to continue selling after a little contemplation/pause.

2) If the GAP occurs in an upward trend, wait for the next candle formation. Once the next candle follows the trend, BUY/RISE. It means investors have made up their minds to continue buying.

3 & 4 are very important

3) If a GAP occurs in a downward trend, wait for the next candle formation. Once the next candle changes to an upward trend (reserves the trend) then BUY/RISE. It means investors have changed their minds after the "break" to stop selling and start buying.

4) If a GAP occurs in an upward trend, wait for the next candle formation. Once the next candle changes the trend (reverses the pattern), SELL/FALL. It means investors have changed thier minds after the "break" to stop buying and start selling.

The screenshot below is in-line with 4. The trend was up but the trend changed after the Gap between candle A and B. As I'm typing this, over two hours that I've place the trade, the trend as been going down.


NOTE: Always wait for the next candle before making any trade using GAPs.


Frawzey.

Prof. Ayox2003, thanks bro for the solid lectures u've bin dishing out here. Pls we nid more of ur contribs. they r indeed valuable. U r one of doz making this house interesting. As u freely share, may u reciv freely too. Be blessed bro!

@Kaysalas:
Pls check your email ASAP.

TO ALL:
House, I hail u'all!
U guys are doin great job here. May ur BOM accounts alwyz remain green ooo! 4wd ever, bkwd never!

Hope 2bcom part of dis lovely family.

Hmm... Noted.