During some recent gambling refection I found myself doubting the presence of 4 hr bars and daily bars. All of us use gap brokers and reside in different time zones and we all trade forex, BUT it would seem there is rarely a agreed upon period of day when 4hr or Daily bars begin/end.

Different times of the day have different meanings to each trader and each trader views his own point of view as the main. So who's to say some other trader is incorrect in valuing a certain time of day. Circular I understand.

Here's my point.

Is not the 1 hr pub the most essential pub? It seems to be the longest TF that everybody sees exactly the same (Depending on the brokers prices).

Personally, I prefer longer TFs, but today I just zoom out on the 1 hr TF to see what is going on.