Pivots based on Friday's spike?
How will you folks calculate your pivots for Monday? Will you use Sunday's information or Fridays with the spike?
Using Friday's data I calculated the following points, but they seem to be spread too wide to use during a "normal" day where the EUR will run 76 pips.
Pivot 1.2201
R1 1.2363
S1 1.2114
R2 1.2450
S2 1.1952
R3 1.2612
S3 1.1865
SM1 1.2158
SM2 1.2033
SM3 1.1909
RM1 1.2282
RM2 1.2407
RM3 1.2531
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