How can i see the gap in the market with a broker that doesn` t show gaps

Hello,

So quite a mouthful. My problem is pretty simple; I know what to do in general but not all the details. I`m using a CFD broker to trade the NASDAQ 100. The only broker I was able to find that allowed me to do what I wanted to do doesn`t show gaps it allows people to trade with each other even on the weekend. The system is based on GAPS closing, and it has a couple of rules that need to happen in order to take a trade.

So My question is on a broker on which I don`t see the gap, how do I look at the graph? What I know Is in the morning, when the markets open, I have to wait for the first 5-minute candle to form. My problem is when I see this candle forming, how do I see the gap? Can someone show me or explain to me how can I see the difference in price on such a broker?

Thank you very much

 

There's so much wrong in your post I don't know where to start... sorry


I wouldn't touch cfd with ..

 

Place a horizontal line where the market was @ 4PM eastern U.S. time the previous day.
That's the equity market closing time which is what "gap traders" use.
At 9:30AM eastern (equity market open) the gap is the distance to the horizontal line.
***Some platforms have "prior day close" or "daily open" indicators that you could set to place the horizontal lines automatically.

 

A gap up/down in a CFD is caused by a gap up/down in the stock itself no? If so just use one of the many free scanners to find gappers.

 

Be careful. What is the name of the broker?

 

Place a horizontal line on your pc and kiss your $ goodbye if u trade cfd lol.

That's as bad as getting rubber girlfriends or meeting women online in dating apps lol. Errr. .

 

@andy_p

Many index CFDs are derived from index futures, which have extended trading hours versus the cash index.
e.g. E-mini Nasdaq-100 futures on CME Globex trade for 23 hours a day.

If you're after something that tracks the cash index, perhaps consider trading an ETF (eg. QQQ for Nasdaq-100).

 

CFD brokers can do wonders.


Simply migrate from Nasdaq 100 CFD broker to
another broker which offers NQ Futures.

 

Personally, I use RTH (regular trading hours 09:30-16:00) charts for this and other purposes.

That would be my suggestion.

If you use continuous charts only you'll miss a lot.

 

Sorry, don`t get it too complicated. So I looked at yahoo finance the previous day when the market closed. And then look today where the first candle opened, and that`s the GAP? Did I understand it correctly, or do I need to make another post and rephrase my question?
Thanks