4 Hour Candle Closed or Open to be valid?

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1

Hi

I am sure this has been asked before but i have searched the forum and could not get an answer…My question is

On the 4hr chart does the candle have to be closed before we consider it because obviously during this 4 hour period the moving avg can cross then uncross…so presumably we only consider closed candles…sorry to be dim but i just want to reallly make sure i know what i am doing…

Many Thanks
Dave

2

As far my trading experience i feel that after the markets open take a brief 4hr candles check the entry orders at higher level and below the lower value …take 2 candles will always good …

Thanks:
Albert::slight_smile:

3

Hi Albert

Many thanks for your reply…however i dont quite understand what it is you are saying, sorry to be a pain but can you expand on your answer…

Many Thanks

Dave