Holiday opens and the false sense of a free gap
After public holidays the overnight void looks generous. Liquidity and news windows often make it a different animal.
Field Notes
Short pieces on gap behaviour, open auctions, and desk habits — written for traders in technical analysis training.
Building a Monday gap journal that you will actually keep
Five fields per open — gap type, width versus ATR, open auction note, decision, and one sentence of hindsight.
What the first fifteen minutes actually tell you
The opening range is not a crystal ball — but it does show whether overnight gap traders are still in control.
Four gap types worth naming before the open
Common, breakaway, runaway, and exhaustion gaps — labels that change how you size risk when the overnight void is large.