Good evening guys…I hope everyone is well man…
Ok so the above images are designed to help you exploit the GAPs that appear in MT4..Now if you look at ethereum on Trading view you will see where the candles sticks are on the chart but yet in MT4 they are not present….
These are what we call in Forex exhaustion gaps…
This is where in the pre market hours, an influx of orders hits the exchange and the effect of this leads price to gap up or down…
I CAN GUARANTEE – 90% of the time, price will fill this gap…
So how can we exploit this?
This requires alot of discipline…Your entry is pretty much at the open of the session…However sometimes price can pull away from the zone before it does come back to the gap…This is where you decide how much exposure you are prepared to have. But your goal is to ride the gap…
Utmost discipline is required in this. sometimes the gap does not get filled completely, but it will be a matter of time before it will, however the general consenses is the gaps recover.
When establishing your entries, you are looking for price to stablise once it opens, wait for pins and strong price action…Sometimes you may see vector candles, this is all relevant to the way price has behaving previously….
I hope this helps you guys.
this strategy is designed for those who are on MT4 and are looking to take advantage of the open and closes of the session times that MT4 operates within.
See you tomorrow night guys
Trade Well My Friends
Tino
