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Gap Trade EA

Discussion in 'Commercial Trade Journals' started by chadhansen2, May 3, 2011.

  1. chadhansen2

    chadhansen2 Recruit

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    I'm fairly new to FPA and have been trading FOREX for about a year now. I've tried various systems w/ mixed results. A couple months ago I found one which I wanted to share. It is an EA which is used ONLY to trade the Sunday gap. I've tried a couple different gap strategies in the past which work pretty well. This is the first EA I've seen which trades it for you. It is very convenient as it places your Take profit and stop loss very quickly. Many of you know that the gap can start to fill rather quickly some weeks and if you don't get your trade in quickly you can lose many pips. The website claims 20-40% a month, but realistically I think it will be between 5-15% a month. Not bad for only trading 20 minutes a week on Sundays. Their other EAs are fairly expensive and I am trying 2 of them out now. If I have success w/ them I will provide a post/review on them.
    Here is the link
     
    #1 chadhansen2, May 3, 2011
    Last edited: May 4, 2011

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