Pivot Point Closing Time Computation.

Which closing time do you use to compute Pivot Points?

  • 0000 GMT (default on most platforms)

    Votes: 1 9.1%
  • 0500 GMT (12 AM EST)

    Votes: 3 27.3%
  • 2200 GMT (5PM EST NY CLOSE)

    Votes: 7 63.6%

  • Total voters
    11
I am working with 0500 GMT but would say it is too early to tell which "works best for me"

Cheers,
PKFFW
 
17.00 EST, (22.00 London) the close of the New York shift.

Although some use the open of the Tokyo shift @ 19.00 EST (midnight London) as a guide.

I've found the 17.00 cut off works pretty well.
 
PKFFW said:
I am working with 0500 GMT but would say it is too early to tell which "works best for me"

Cheers,
PKFFW
0500 gmt has been working foe me as well. Peter Bain @ forexmentor uses that time frame as well. Good trading and thanks for the reply.
;)
 
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