Suppose I only trade the Nikkei 225M (OSE) during the first few hours of Tokyo open (0845~, local time).
Which chart should I have, the day session only or 24 hour chart? If I have the day session only (the left), I will frequently have huge gaps in my chart which will make it difficult to figure out the context during the open and will only have a couple of bars with nothing more on the left to base my trade on.
Nevertheless, since it is a stock index, the hours which those stocks are actually being traded should have a different level of significance than hours in which they are not. Also, as far as I know, the difference in volume between night and day session in Nikkei is not as great as in the e-mini s&p.
Which chart should I have, the day session only or 24 hour chart? If I have the day session only (the left), I will frequently have huge gaps in my chart which will make it difficult to figure out the context during the open and will only have a couple of bars with nothing more on the left to base my trade on.
Nevertheless, since it is a stock index, the hours which those stocks are actually being traded should have a different level of significance than hours in which they are not. Also, as far as I know, the difference in volume between night and day session in Nikkei is not as great as in the e-mini s&p.