Do you agree with this comment ?
Is not we require to wait till candle close ?
Source: High Probability Forex Engulfing Candle Trading Strategy
Broadly speaking, no. Because it seems (from the chart you’ve posted) to involve opening short trades just above very recent support-levels, which isn’t my idea of “high-probability trading”.
Under other circumstances, yes - I’m much more interested in highs and lows (which are objective and factual) than in opens and closes (which are arbitrary and interpretative).
Godzilla, the only thing that matters is if you agree. Some will agree, others will disagree but you need to trade based on what you think matters and not based on what others believe.