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What is gap in market profile?

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Bogotá DC - Colombia
 
 
Posts: 2 since Dec 2017
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Gap


rintin2x View Post
I know a little with market profile so hope somebody here can help. I've been reading and searching what gap is in market profile but still don't really get what it is, some pictures/charts that can show what it is will definitely help. Thank you.

Exist the gap that is the closing price of the previous session. Why this price is important?, because 95% are watching it and when the market touches it, it has a reaction. Why is a gap created? generally what is traded at overnight should not interfere in our volume in the RTH, it is at 9:30 a.m. where the action occurs and it is in the regular hour where those who will make the market move participate. The gap closes once the market has touched it during the RTH


Last edited by MichaelAlvarez; January 8th, 2018 at 01:28 PM.
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