Hey guys,
I've been reading your posts and all are very interesting, however something has been plaguing me when trying to trade ACD with FX and i was wondering if I could grab your guys suggestions
When calculating A, C pivot points etc for the FX markets, do you take the 24 hours into account or just the 'session' that you are trading. For Example, London session is approximately 2:am to 12pm EST so would you arrange to calculate A, C and pivot points based on price occurring ONLY within this range or would you include the whole 24 hours. Whilst only including the session is logical, the problem then becomes that most FX charting software only calculate the ATR (used for A and C points) for the WHOLE 24 hours, thereby 'diluting' the calculations of your various points.
ANy suggestions?
Much appreciated |