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Forex Daily Lows Incorrect?

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  • #1

    Forex Daily Lows Incorrect?

    Hi,
    I have noticed that the Daily Candle Lows for Forex X-Rates mismatch the actual Intraday Lows.

    For example, yesterdays (11/15/12) Daily Low for EUR@FXCM A0-FX was 1.27188, but the actual Intraday Low was 1.27162 at 00:36am GMT. The Daily and Intraday Highs match up correctly.

    I has tested different X-Rates and Contributors, and the same slight difference between the Daily and Intraday Lows occurs on all of them.

    Does anyone know the reason for this?

    Thanks,
    Paul
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  • #2
    Paul
    See the section Since Forex quotes are Bids and Asks, what is used for Open, High, Low, and Close? in this article on Forex in the eSignal KnowledgeBase
    Alex


    Originally posted by TURLIES View Post
    Hi,
    I have noticed that the Daily Candle Lows for Forex X-Rates mismatch the actual Intraday Lows.

    For example, yesterdays (11/15/12) Daily Low for EUR@FXCM A0-FX was 1.27188, but the actual Intraday Low was 1.27162 at 00:36am GMT. The Daily and Intraday Highs match up correctly.

    I has tested different X-Rates and Contributors, and the same slight difference between the Daily and Intraday Lows occurs on all of them.

    Does anyone know the reason for this?

    Thanks,
    Paul

    Comment

    • #3
      Thanks Alex


      Originally posted by Alexis C. Montenegro View Post
      Paul
      See the section Since Forex quotes are Bids and Asks, what is used for Open, High, Low, and Close? in this article on Forex in the eSignal KnowledgeBase
      Alex

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