During your regular trading hours, do you plot all-session data or day-session data? Some considerations: - with day-session data, you can more clearly trade gaps... for gap traders, day-session data would be the obvious choice for the horizontal axis... - with all-session data, trend assessment takes into account any overnight developments, and is therefore potentially more meaningful... for people who trade the entire day, some may start out with day-session at the open and switch to all-session after the open... other traders who are not into gap strategies may use all-session data right from the open, since they feel that gaps are distortions from the activity contained in the overnight (globex) session... There are probably several other considerations that some of you may care to elaborate upon...
When / if the gap has been played, which of you will revert to all-session? Or even once the gap has been played, do you continue to toggle back and forth through the day?