Extra bar on daily charts | Forex Factory

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Extra bar on daily charts

  • #1
  • First Post: Mar 11, 2009 3:52pm Mar 11, 2009 3:52pm
Does anyone know why the daily charts have a short bar on what looks to be Sunday/Monday morning each week?
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  • #2
  • Mar 11, 2009 4:24pm Mar 11, 2009 4:24pm
Interbank FX has always had that bar - some like it - others dont.
In trading, there is no bullshit. You either make money or you don't.
  • #3
  • Mar 11, 2009 4:27pm Mar 11, 2009 4:27pm
HI BC,

This depends on the Broker feed and when they start/end their day.

If your broker feeds at GMT time then you have this little bar from when Australia opens until when Japan opens at GMT 00.

If your broker closes at the end of USA market then it starts with Aussie market so no "Sunday bar"

Different feeds can/do give different day and 4 hour bars, the 1 hour chart is the largest that is universal.
Money grows on the tree of persistence
  • #4
  • Last Post: Mar 11, 2009 5:12pm Mar 11, 2009 5:12pm
Thanks everyone. I thought mayber their was an adjustment that I needed to make. I don't like it, but I guess I will have to figure out how to live with it.
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