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What timeframe is the best for calculating pivotpoint What timeframe is the best for calculating pivotpoint
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Show me the money! [Daytrading] Need some trade ideas for today? Want to share your own intraday trade ideas? If you're the next Jerry Maguire and can show us the money then this thread is for you. Also, check out the School of Pipsology if you want to learn which timeframe you should trade in.

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Old 08-10-2007, 05:41 AM
 

Join Date: Mar 2007
Posts: 4
Default What timeframe is the best for calculating pivotpoint
I have tried to calculate pivot point using different time frames, but I discovered that they all give different values. Which time frame is the best?
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Old 08-11-2007, 03:20 PM
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Join Date: Apr 2007
Posts: 30
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I took the course from forexmentor.com after I made a account from fxsol. anyways, they had a course over pivot point trading. How they said was to take the previous day. Say it was Wednesday, look at the daily chart, and look at the candle stick of Tuesday. Take the open, high, low, and close and you put it in a pivot point calculator. hope this helps
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Old 08-18-2007, 12:08 AM
 

Join Date: Aug 2007
Posts: 7
Default Pivot Point timeframes
I've heard that Daily and Monthly timeframes are the best.
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Old 08-18-2007, 12:57 AM
 

Join Date: Aug 2007
Posts: 7
Default Pivot Points
Forexinterbank.com has a free Calculator on their website. You pick the pair, and daily, weekly, and last 5 days. They also have a desktop version for $49.00.
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Old 08-18-2007, 11:12 AM
 

Join Date: Aug 2007
Posts: 5
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Quote:
Originally Posted by jw44 View Post
Forexinterbank.com has a free Calculator on their website. You pick the pair, and daily, weekly, and last 5 days. They also have a desktop version for $49.00.
Supports and resistance can serve as pivots points.Past hourly supports resistances that were pivot points can be future pivot points or points of support and resistance.



Tom
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