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Old 02-06-2006, 04:46 PM
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GAP Plays on the new Interbank FX Feed
Please see What's Going on at Interbank FX for a description of the new interbank fx feed.

I am seeing 5+ pip intraday gapping on the new interbank fx feed on the M1 chart. I am noticing that almost everytime you can use a gap play to scalp a little bit on the retrace. Is anyone interested in working with me to setup an EA to take advantage of this?

REGARDS
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Old 02-06-2006, 04:54 PM
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So far +17 pips trading manually on live account in the last hour and fifteen minutes using gaps...
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Old 02-06-2006, 07:03 PM
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This sounds interesting. I'm not sitting at Metatrader right now. Can you post an image and explain what you are doing for entry and exit?
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Old 02-06-2006, 07:31 PM
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I was thinking take an 8 pip stop with a ~3pipTS entry on gaps exits on stops. Any other ideas?

BTW i noticed that interbank switched back to their original feed. I spoke to Ryan Best (CEO of Trading Intl.) and he tells me it's possible that they were doing a test run for the new liquidity provider.
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Old 04-16-2006, 12:03 PM
pip-gandalf pip-gandalf is offline
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Talking
Quote:
Originally Posted by Nicholishen
I was thinking take an 8 pip stop with a ~3pipTS entry on gaps exits on stops. Any other ideas?

BTW i noticed that interbank switched back to their original feed. I spoke to Ryan Best (CEO of Trading Intl.) and he tells me it's possible that they were doing a test run for the new liquidity provider.
just set the rules for the gap entry and triling stop needed, and i will program an ea for u.
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Old 04-16-2006, 04:29 PM
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Quote:
Originally Posted by pip-gandalf
just set the rules for the gap entry and triling stop needed, and i will program an ea for u.
no worries pg.. the feed has changed. thanks for the offer.
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