Time frames

[beginner_trader]

Hi all,

Im using Oanda and I noticed that the daily candles seem to start at 5am. Is this correct, I thought they would start at 12am?

Also, on netDania.com the 4hr charts seem to start at 1am. Is this how it should be?

Thanks.

 

[elitejets]

Hi all,

Im using Oanda and I noticed that the daily candles seem to start at 5am. Is this correct, I thought they would start at 12am?

Also, on netDania.com the 4hr charts seem to start at 1am. Is this how it should be?

Thanks.

Different brokers start at different times. If Oanda is US based then that would be right.
I use a UK broker and my daily starts at 7PM my time but I usually do analysis at NY close