Disliked{quote} weird my Q Cam S3 is showing at 1842 ?! I see yours is at 1838 Diggz.... something on my side must be screwyIgnored
Ok looked into a this a bit more, I believe the difference is due to how different brokers showed the close for last quarter on Dec 31, 2020
For example, fxcm cut things off at 2pm est on Dec 31 for gold trading and this would give a Q CAM S3 level of 1838.42
(Inputs being Quarter high 1965.46, low 1764.26, close 1893.75)
For my other broker, global prime, they allowed trading on Dec 31 right up until 5pm est before cutting things off (which is more accurate I believe) and this gives a Q CAM S3 level of 1842.47
(Inputs being Quarter high 1965.52, low 1764.36, close 1897.79)
Just goes to show that a difference in how brokers allow trading hours on unique days like December 31, which would have been last quarters close, can have such a significant impact on determining the Pivot levels and Camarilla levels etc.
Diggz Q CAM S3 being at 1838, mine showing at 1842.
At the end of the day Diggz is making all the money but thought this was an important piece of data to share with my fellow traders here. All the best.
7