Here's my 2 cents - if trading futures, I use an 'around the clock' chart setup with VBC's. By doing so, gaps are not a consideration for me. Not sure if that's good or bad or indifferent, but I'd rather trade my 'normal' setups vs. trying to play a opening gap specific strategy. I'm not saying those don't work, b/c they do if you know what you are doing. Simply, for me, trying to implement a gap strategy, an opening strategy, a 15 min strategy, etc. etc. was not profitable enough for me to spend considerable amounts of time focusing on.
By implementing a VBC chart on a 24 hour timeframe, all these 'extra noises' are not a factor to me. Again, that's not to say don't bother researching them, but in the spirit of keeping things simple, I simply look for my setups regardless of this other stuff. As you can tell, Mark is extremely intelligent and has done years and years of research on this and many other topics of trading. I don't know if I don't have the smarts and/or the patience to perform that kind of research, so I have chosen to not look for specific strategies based on the time of day.
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