Opening and closing prices are not random. NDOG is the gap between 5pm and 6pm. There is 1 hour where futures markets are closed. That is the where the new candle opens on the Daily Chart. We have NDOG on Mon/Tue/Wed/Thu. Then on Friday we get NWOG.

We extend the NDOG into the future Price Action. Let’s see how traded the next day and NFP.

We can use NWOG from various weeks and months, going back as much as 60 days. However NDOG may not form every day. There may be days with very little separation. If there is no meaningful separation simply we don’t use it. It has to be at least 1 handle.

When the week ends, we are no longer interested in those NDOGs. We use only the NDOG’s from the current week.

Once the NDOG is “closed” we don’t abandon it. We refer back to it in the future. Those levels will be impactful throughout the week in terms of Support and Resistance.

However, we don’t expect price to simply touch it and reject from it. NDOG’s are supposed to be used for confluence with other PD arrays.

In this example we have NDOG low confluent with OTE and BISI. Price is closing the FVG with a re-touch to the NDOG low.

The bodies tell the story. The wicks do the damage.

💡We want to see NDOG’s act as supporting factor or a resistance to an idea that already have arrived at with other PD arrays or other analysis.

When the gap is still open and we haven’t repriced back into it yet, this could be an easy trade