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Old 10-17-2008, 12:33 PM
Wax Wax is offline
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Join Date: Aug 2008
Posts: 13
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I could be wrong, but I think the question being posed is, "what 24 hour period to use when calculating daily pivot points." For example, new york hours, london hours, ect. I am restating this question because I too have posed it and have yet to read see anyone discusses the merits of using the various 24 hour trading periods that constitute a "day" in forex. I currently use pivot points derived from the london trading hours, even though I trade new york hours. I operate on the belief that with the london session being the most heavily traded these pivot points will be most valid. I am not beholden to this theory however. I am open to hearing a better argument. Also, I have heard about "rolling pivot points", but I don't know how they are calculated. Any help hear would be most welcome.
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