Hi, there. this is my first post...... so try to be relatively polite pls !
appreciate any advice on when to use which pivot points in daily forex trading. my past is purely (part-time)position/swing trading, however i'm now looking at focusing intraday (and more full-time).....and therefore on pivots.
On all the forex websites it shows the 1hour pivot points as well as daily.
Is there a general rule of thumb as to which to use.....(normally would use the close of NY for Tokyo open etc)...i guess my question is at which point do you use the hourly pivot point ?
thanks
appreciate any advice on when to use which pivot points in daily forex trading. my past is purely (part-time)position/swing trading, however i'm now looking at focusing intraday (and more full-time).....and therefore on pivots.
On all the forex websites it shows the 1hour pivot points as well as daily.
Is there a general rule of thumb as to which to use.....(normally would use the close of NY for Tokyo open etc)...i guess my question is at which point do you use the hourly pivot point ?
thanks
