Question: Now that market indices trade a significant number of
hours outside regular trading session, should we give more
importance to price changes outside regular trading session?
Specifically: Is filling of gaps less relevant than it used to
be?
Another issue I struggle with: What is more important trading
price or closing price charts?
Posted by elementsix on 2nd of Feb 2021 at 09:22 am
TOS has a setting for Extended Hours Charting. I use that to
monitor pre/post-market as well as overnight high/lows which can
become important during the cash session. However, I usually turn
it off during the day and I don't use overnight action for most
technicals (major resistance/support, trendlines, coils, etc.) I
stick with the daily charts for that.
Struggling w/that here, too! Literally MORE action overnight
hitting pivots, filling gaps, etc and if we look at closing charts
none of that is evident...almost negating trying to trade off of
the old daily charts. Going home long overnight off the daily chart
is literally more gamble nowadays. It would be nice if StockCharts
showed ALL the movements. Any other charting services that do I
should know about?
Question: Now that market indices
Posted by mborder1 on 2nd of Feb 2021 at 07:42 am
Question: Now that market indices trade a significant number of hours outside regular trading session, should we give more importance to price changes outside regular trading session? Specifically: Is filling of gaps less relevant than it used to be?
Another issue I struggle with: What is more important trading price or closing price charts?
No fee to use platform,
Posted by mborder1 on 2nd of Feb 2021 at 08:20 am
No fee to use platform, a lot of chart indicators, Profit/loss calculations, etc.. Stockcharts has some benefits, but not for trading
TOS has a setting for
Posted by elementsix on 2nd of Feb 2021 at 09:22 am
TOS has a setting for Extended Hours Charting. I use that to monitor pre/post-market as well as overnight high/lows which can become important during the cash session. However, I usually turn it off during the day and I don't use overnight action for most technicals (major resistance/support, trendlines, coils, etc.) I stick with the daily charts for that.
Struggling w/that here, too! Literally
Posted by profmel on 2nd of Feb 2021 at 08:12 am
Struggling w/that here, too! Literally MORE action overnight hitting pivots, filling gaps, etc and if we look at closing charts none of that is evident...almost negating trying to trade off of the old daily charts. Going home long overnight off the daily chart is literally more gamble nowadays. It would be nice if StockCharts showed ALL the movements. Any other charting services that do I should know about?
Most brokers. I use TDameritrade.
Posted by mborder1 on 2nd of Feb 2021 at 08:17 am
Most brokers. I use TDameritrade. If you set the chart to show after hours trading, you see the whole 24 hr chart