Asian futures daily bars

Discussion in 'Index Futures' started by cmaxb, Aug 12, 2019.

  1. cmaxb

    cmaxb

    here is ZT daily chart (with settlement)
     
    #11     Aug 17, 2019
  2. cmaxb

    cmaxb

    here is ZT based on 1440 min open - close. notice difference on 6/19,
     
    #12     Aug 17, 2019
  3. cmaxb

    cmaxb

    more i think about it, it's making more sense

    US futures open at 1700 CT. night session is actually the start of the daily bar for the next day

    similar in asia, night session is beginning of new daily bar

    difference is there is huge break in asia between end of night session and start of day session (6 hours), which makes it seem like it's just an extension of the day session
     
    #13     Aug 17, 2019
  4. cmaxb

    cmaxb

    although, it's still a little confusing . .

    Monday's daily bar does not begin with a night session

    while Friday's daily bar ends with the night session included
     
    #14     Aug 17, 2019
  5. cmaxb

    cmaxb

    #15     Aug 17, 2019
  6. Stop thinking in terms of the time zone where you reside. And start thinking in terms of the time zone of the financial instrument. Then it will make much more sense and is less confusing.
     
    #16     Aug 17, 2019