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Old 03-14-2008, 06:05 PM
Don Don is offline
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Exclamation GMT or EST based charts??

I asked this question before and I will ask it again... I trade mostly 4hr and dailies, I usually trade 1-6am est (primarily the London session). What do most people look at EST charts or GMT, I know it may seem silly but there is a difference in the candle OHLC, the difference could make a shooting star on one look like a non-reversal candle... you guys get the point so what do most people look at?!?!?!
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Old 03-14-2008, 06:06 PM
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Quote:
Originally Posted by Don View Post
I asked this question before and I will ask it again... I trade mostly 4hr and dailies, I usually trade 1-6am est (primarily the London session). What do most people look at EST charts or GMT, I know it may seem silly but there is a difference in the candle OHLC, the difference could make a shooting star on one look like a non-reversal candle... you guys get the point so what do most people look at?!?!?!
I use 3 different time frame charts Oanda (est), North Finance, GMT+3,
& Alpari, GMT+2.

But my candlestick TA is done on Oanda.
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Old 03-14-2008, 06:08 PM
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Arrow

I use mt4 which is GMT (london) Im est (-5gmt) but we are in daylight saving time now so I am really gmt-4 it gets really confusing!!!! but anyway mt4 is set at GMT
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Old 03-14-2008, 06:10 PM
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Smile

As long as you are consistent, it doesn't matter which timezone your charts are based on.
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