Hi ghous,
one point I would like to highlight is that the Daily and H4 candles may be very different from a broker to an other as the day starts at different times depending on the broker. And as the close price plays a big role then it may affect quite much the trades. What is your experience on this (I suppose that traders in James16 group use many different brokers).
On the other side H1 candles are pretty much the same on different brokers. Because of this wouldn't the be better candidates to spot the fake breakout?
one point I would like to highlight is that the Daily and H4 candles may be very different from a broker to an other as the day starts at different times depending on the broker. And as the close price plays a big role then it may affect quite much the trades. What is your experience on this (I suppose that traders in James16 group use many different brokers).
On the other side H1 candles are pretty much the same on different brokers. Because of this wouldn't the be better candidates to spot the fake breakout?