I live and trade within the New York time zone, so for me the market closes Friday @5:00 p.m. and reopens at Sunday 5:00 p.m. I often avoid trading on Sunday because I realize the doesn't reflect the entire day's range and therefore I wait until Monday evening to begin trading since I know the candlestick I am looking actually reflects the entire day. Am I doing this right? Should I look at Friday's candle and Sunday's candle and somehow merge then into a single candle, or avoid Sunday altogether. My MT4 chart displays Friday and Sunday as separate candlesticks.
Thank you in advance for your replies.
Thank you in advance for your replies.