DislikedHi smikester,
I think my understanding stems from the use of "on the day" as in:
Only be willing to buy a market if it is up on the day.
Only be willing to sell a market if it is down on the day.
I understood this to mean the trading day, i.e. from 6am GMT for the next 6-10 hours (time period depending on which of his posts you read).
I double-checked his chart from 31 Mar 2008 (for EURUSD) and confirmed that his Oanda charts are in either US CST or EST and therefore his white dotted lines cover the 24hours from 6am GMT....Ignored
Timek I have checked again and you are quite right. PC posted clarifying this to bluefish. Unfortunately FF is not allowing me to add a note to my posts or edit them in any way presumably because they are too old. Hope I haven't done too much damage...
Thanks for clarifying this for me and keep up the good work.
Mike
Gone to a better place