Good evening guys,
Hope you are all well.
I am just after some information. I’ve trawled a few websites and seem to be getting some mixed messages.
So looking to trade 30 or 60 min trades. Now I’ve read on one website if you trade them time frames you use the high, low and close from the previous week and set it for the entire week you are trading on. Only problem when I did this is that I could plot my pivot line but the first resistance and support lines were a distance away from the pivot point so I figured that couldn’t be right.
So I did some more searching and came across another website that said to trade 60 mins time frames you get the high, low and close figures from the previous hour. The lines seemed a little better this time and seemed like the candle sticks moved within the lines I had plotted so seemed to make sense.
So I’m a little confused as I couldn’t find the correct info.
Also, which website do you use to get your high, low and close figures?
Thanks for reading and any help with this would be appreciated.