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castlemaine
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In the 24/5 markets the lack of synchronisation between time interval boundaries and market events means that intraday time period bars/candles cannot be relied upon to portray a price action event the same way every time. This means that any short time frame based strategy which is looking for particular candle forms or patterns is on shaky ground. VSA, for example, relies on a bar/candle closing in a particular area for some of its analysis of bar/candle meaning. Intraday, this can't be an entirely valid approach. The daily cycle of activity in the market allows for some degree of synchronisation on the D1 time frame and the weekend break allows the same for the W1 time frame.