Jump to content

How to trade the gap for the S&P 500 Index

Recommended Posts


I`m new here i`ve posted this question before I don`t want to spam or anything it`s just that it probably hasn`t arrivied in front of the right people. I want to trade the gap that happnes most days on the S&P500. The problem is that IG (a great CFD broker) doesn`t show the gaps. I check on yahoo finance the level where it stopped the previous day but how do I know at what level is it trading when it`s open. I live in Romania the US stock market opens here at 16:30. Do I look at the first candle at 16:30 to determine the price which it`s trading right now how do I do that how do I know which is the first candle to place a trade that the GAP will close.

Please someone help me

Thank you

Link to comment

Hi Orzac

You would use the open of the the first candle at 16.30 Romanian time. I typically use the 5 min charts for this criteria and use the opening 3 candles as the opening range. Ill then watch for any ORB (opening range breakout)! 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 17/05/23 10:51
  • Posts

    • Does anyone else know any other SB providers that you can use to trade through TV?  I've only so far seen CFD providers which doesn't work for me due to tax reasons (mainly the hassle of having to account for it as well as the obvious cost).
    • Is there any update on when/if there will be any integration with Tradingview???
    • The anonymity of cryptocurrency transactions can vary depending on the specific cryptocurrency you use and the methods you use. While some cryptocurrencies provide a degree of privacy and anonymity, it is important to note that achieving complete anonymity can be difficult. Most cryptocurrencies operate on a pseudonymous basis. Transactions are recorded in a public ledger, called a blockchain, using cryptographic addresses instead of personal information. However, these addresses are usually not directly linked to a real identity, unless someone voluntarily discloses this information. Some cryptocurrencies, such as Monero (XMR) and Zcash (ZEC), are specifically designed to increase privacy and anonymity. I read on https://deeplab.com/darkweb/anonymous-sudan-launches-cyberattacks-on-middle-eastern-news-outlets-expands-target-list-with-four-additional-names that some people use this anonymity as a cyber attack.
  • Create New...