Forex open/close prices

[SS Marketing]

We are looking at introducing OHLC values for ShareScope's Forex data which of course involves picking arbitrary time points in this 24h market. Is this useful for Forex traders and, if so, is it better to choose a single time point (e.g. midnight) whereby the open/close are the same, or to pick an artificial open and close (say 6am and 6pm) thereby potentially ignoring some data? I would be grateful for your thoughts.

Thanks,
ShareScope GM

 

[Windowsill]

We are looking at introducing OHLC values for ShareScope's Forex data which of course involves picking arbitrary time points in this 24h market. Is this useful for Forex traders and, if so, is it better to choose a single time point (e.g. midnight) whereby the open/close are the same, or to pick an artificial open and close (say 6am and 6pm) thereby potentially ignoring some data? I would be grateful for your thoughts.

Thanks,
ShareScope GM

Midnight, it would then coincide with spreadbetter acs.