[Wax]

I am wondering what timeframe I should be using in creating pivot points for intraday trading. I am generally trading the New York hours, however I am wondering if I should create pivot points based on the New York close or the London close? Or should I create new pivot points at the open of one of these trading sessions based on the previous 24 hours trading? Perhaps there are different opinions/approaches to how this should be done, if that is in fact the case I would be most interested in learning the most standard procedures used. Thanks for the help.