Confused with timezones and daily charts

Hello all
I'm new to FOREX trading so please bear with me and apologies if this a total noob question

My question is related to timezones, trading periods and how the charts are drawn based on these parameters.

For info, I have done a lot of research in strategies and I would like to try out some simple trades based on the daily charts.

I have opened a demo account on Oanda and have set my account timezone settings to the timezone of where I live (so GMT +1)

I would like to be able to place some buy-stop orders and/or sell-stop orders based on the bar of the day that has just finished, but before the next bar (day ?) starts)

My questions:
1)To be able to do this, do I have to stay up until midnight and wait for the daily bar to complete ?

This seems to be the case, but then I had the idea that if I change my timezone in the software to say GMT+4 then the bar for my current day would finish 3 hours earlier based on the data up to that time and then the new one would start.
The data would be the same over time ie it all balances out, and it means I could make my trading decisions at 9pm and not midnight. So, I tried changing the timzone to GMT+4, but to my surprise, the shapes of all the bars stayed the same (they shoulbe different right ?) and all that happened was the times in the x-axis shifted horizontally ..!

Why ?!


So at the moment, I only see 2 options, both of which are no good:

1)I have to stay up til midnight before being able to start making my trades,
OR
2)Wait til the next morning, but by 9am I have missed 9 hours of trading and very often I have missed the boat to buy low / sell high.


I hope my post is clear, sorry if these questions are stupid and thanks in advance for any help you can give me


MrBump34,
Confused

every brokers has own time zone, you can't change it,

you only can change your indicator or EA time zone,

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S + R = $$$

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A purist would say you should work to midnight on your broker's feed to set daily trades in the way you describe. If you want different time feeds, open a demo account with a different broker. Only the hourly is exactly the same on 2 different feeds. Unless it is a very volatile period, the Asian session does not move US and European currencies much. I find early morning (6 - 7 am GMT is usually early enough to set trades on the daily. Often I want to see a small move in the right direction before I pile in with my millions anyway.

Forex generally moves when sessions open. Here they are in order of importance:

London, London and London.

New York moves, but usually slower than London, especially after the London close.

Perhaps you should look into another strategy than one based on daily bars?
You can look at daily, weekly and even monthly charts to get a great insight in to the market but to make a systematic trading plan based on them is tough.