Hey guys I Am reading through Steve Nison's Japanese Candlestick Charting book and I have a question on its Software to Forex.
I have just started reading the novel, but it seems that a few of the patterns are based on the gap of close/open prices . Because it talks about markets with limited trading hours, the closing price of one day is not necessarily the same as the opening price of the next day. He utilizes these gaps in the definition of some of those patterns. Since Forex is a 24h market, these don't really apply. I'm wondering if anybody here has read the novel (most likely ) and how they cope with this.