MoneyTec Traders Community Forum - View Single Post - Which time zone for pivot point calculation?

4xfool · 23-02-2005, 08:02

I still think there is a better way to find the "real" and "true" range. I dont think you guys addressed this issue. There are definitely times of the day when there is much more volume. The big traders and banks do not necessarily trade 24 hours a day. I know they dont. The market "moves" 24 hours a day but I dont believe this is the "true" range.

23-02-2005, 08:02	#6
4xfool level 3 Join Date: Jul 2004 Posts: 268 Downloads: 0 Uploads: 0 Rep Power: 0	Re: Which time zone for pivot point calculation? I still think there is a better way to find the "real" and "true" range. I dont think you guys addressed this issue. There are definitely times of the day when there is much more volume. The big traders and banks do not necessarily trade 24 hours a day. I know they dont. The market "moves" 24 hours a day but I dont believe this is the "true" range.