I have been reading about pivot points and can see that a number of traders use them when trading the eminis.
I have a few questions about them which I would love to have some clarification on if possible.
1: There are many ways to calculate the pivot points, many different methods. Which one is the most common ad hold up the best?
2: Considering that the eminis are a 24 hour market... what times would I use to calculate them. So what time is the close and between what times should I get the highs and lows from?
I hope someone can shed some light on this.
MissTick
I have a few questions about them which I would love to have some clarification on if possible.
1: There are many ways to calculate the pivot points, many different methods. Which one is the most common ad hold up the best?
2: Considering that the eminis are a 24 hour market... what times would I use to calculate them. So what time is the close and between what times should I get the highs and lows from?
I hope someone can shed some light on this.
MissTick