Sydney, NS
Experience: Intermediate
Platform: Ninja
Broker: Zen-Fire
Trading: TF,S,GC
Posts: 605 since Nov 2009
Thanks Given: 248
Thanks Received: 394
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Vast, I don't think I can help but I heartily agree with your concern. Since moving over to Ninja I find I pay less and less attention to previous H,L,C mainly because it seems to difficult to figure out what they were. (Well, H and L are fairly easy, but close I have given up on basically since I have no idea what it is most of the time.) That said, since I am getting into VolumeProfile type stuff I am now emphasising the last PVP price in the afternoon versus the Close and finding it more helpful generally.
Perhaps with more 24-hr like markets in so many instruments the fact that it is so hard to keep track of the close is indicative that perhaps it is not so important as it used to be. That said, many markets really are active only during the day-sessions so in those cases the Closes are a) easier to determine and b) more significant referents.
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