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Appropriate time to calculate, Pivot Point.
Appropriate time to calculate, Pivot Point.
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Appropriate time to calculate, Pivot Point.
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Appropriate time to calculate, Pivot Point.
Devin
Newbie
Posts: 5
Appropriate time to calculate, Pivot Point.
«
on:
August 02, 2011, 01:53:47 AM »
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As we all know pivot point, is calculated from one midnight to the other. The question i want to ask is should one use his trading server time or the generally, accepted 4pm New york time which is regarded, as the close and begining of a new trade day? Please share your opinion.
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Phoenix Homes for Sale
swingtrader
Global Moderator
Hero Member
Posts: 1984
Re: Appropriate time to calculate, Pivot Point.
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Reply #1 on:
August 02, 2011, 09:00:12 PM »
The forex market never closes, so you should use an open and close time, otherwise there is no way to calculate the Pivot Point.
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t210021
Newbie
Posts: 3
Re: Appropriate time to calculate, Pivot Point.
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Reply #2 on:
August 15, 2011, 10:47:07 PM »
The forex market never closes
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Appropriate time to calculate, Pivot Point.
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Appropriate time to calculate, Pivot Point.