I have a question and was wondering if anyone could answer it and or proivide a best practice in how this shopuld be carried out?
I was wondering when you are setting up your pivot points should you use the previous session OHL in calculating the PP?
I want to make sure I got this right, when trading the EUR/USD I would use 12:00 am EST say as the refernce and go back 24 hours to see the previous OHL range and plug this into the PP calculator to get the PP set up for the upcoming London session?
Is this the general idea on how to set up PP when trading the London session?
AT
I was wondering when you are setting up your pivot points should you use the previous session OHL in calculating the PP?
I want to make sure I got this right, when trading the EUR/USD I would use 12:00 am EST say as the refernce and go back 24 hours to see the previous OHL range and plug this into the PP calculator to get the PP set up for the upcoming London session?
Is this the general idea on how to set up PP when trading the London session?
AT