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A working definition from Mind Over Markets (9) is: "the market's price activity recorded in relation to time in a statistical bell curve". Added to this would be a definition of the price and the marker, a 'TPO' (time-price opportunity), with TPO defined in CBOTMP1 as: "opportunity created by the market at a certain price at a certain time".
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a pattern which naturally occurs and repeats over a period. Chart patterns are used as either reversal or ...
For example, the price of a share reaches a high of $30.00 on Wednesday, and opens at $31.20 on Thursday, falls down to $31.00 in the early hour, moves straight up again to $31.45, and no trading occurs in between $30.00 and $31.00 area. This no-trading zone appears on the chart as a gap.
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The shift is the amount of time added at the DST start time and subtracted at the DST end time. For example, in Canada and the United States, when DST starts, the local time changes from 02:00 to 03:00, and when DST ends, the local time changes from 02:00 to 01:00. As the time change depends on the time zone, it does not occur simultaneously in ...
The little-endian format (day, month, year; 1 June 2022) is the most popular format worldwide, followed by the big-endian format (year, month, day; 2006 June 1). Dates may be written partly in Roman numerals (i.e. the month) [citation needed] or written out partly or completely in words in the local language.
The Indian Standard Time was adopted on 1 January 1906 during the British era with the phasing out of its precursor Madras Time (Railway Time), [2] and after Independence in 1947, the Union government established IST as the official time for the whole country, although Kolkata and Mumbai retained their own local time (known as Calcutta Time and Bombay Time) until 1948 and 1955, respectively. [3]
India uses only one time zone (even though it spans two geographical time zones) across the whole nation and all its territories, called Indian Standard Time (IST), which equates to UTC+05:30, i.e. five and a half hours ahead of Coordinated Universal Time (UTC). India does not currently observe daylight saving time (DST or summer time).