do you wait for candle to close?

Do you guy wait for candle close or place a position without waiting for candle close?

P.S. 4 Hour candle

I don't trade 4H but I would not wait for close. Price can be havily manipulated in last minutes of 4H bar so don't put so much importance on where it closes. Makes sense?

Yes and no. It all depends on the specifics of the trading method being used.

No that doesn't make sense. So if a large engulfing/bullish had almost formed but in the last few minutes it retraced into a doji/pin bar you would still trade it as though it was a strong bullish signal?

But of course, as Vox Dei says it depends on your trading method. If it is a method that it is based simply on the touch of a MA or support/resistance level you may not wait for the close. However, your method may incorporate the nature of the bar on that touch so that would require a wait until close.

"No that doesn't make sense. So if a large engulfing/bullish had almost formed but in the last few minutes it retraced into a doji/pin bar you would still trade it as though it was a strong bullish signal?"

no.