DislikedHey Whizz
This has to do with broker closing times. There can be a separate close for each of the 4hrs thus aggregating the price into a different look.
My answer to you trader(good to see you bud ) is that price only broke by like 5 pips and any buffer(4hr I would say at least 10 pips) would keep you out of this trade. If you are less strict on your break then when you see it doesn't break hard you can at least cut out for a small loss. But I want to see a substantial break on all my bars.
Hope all is well
MikeIgnored
Hi Mike!
Well all is as well as can be expected. I few things happening in my life that have kept me distracted for a while but I am getting back in the game and getting my feet planted firmly on the ground with my trading and the rest of my life. Jim is working with me on a few things now which I think will really help get me moving back in the right direction.
Thanks for the input. I like the 10 pip filter, it seems to make good sense. In my mind it's like making the market prove itself to you by letting it come to you first.
Thanks again,
Steve
Nothing is impossible, with a willing mind!