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Why There May Be a Flaw in Your Forex Charts

Why There May Be a Flaw in Your Forex Charts

5 Years ago | May 06, 2015 00:00:00

By John Bland

I can’t recall when it began that some data sources changed the start of the daily ranges to 00:00 GMT. I have no idea what the logic is behind using 00:00 GMT as the start of the day but it has raised questions over its reliability as it creates discrepancies vs. what we feel are the proper daily ranges. It also raises the question whether one should use indicators that are most widely used or ones that are a more accurate reflection of the market.

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