I am new to trading, well actually still using a demo account. Anyhow, I was reading a tutorial online about trading pivot points. This tutorial talked about having to find the previous days high, low and close. My question is… when dealing with the currency market what is considered a day, hour wise. From 5pm one day till 5pm the next? I thought the market was 24 hours except for Friday at 5pm till Sunday at 5pm.
Any help would be greatly appreciated.