Hi,
This is gonna seem like a stupid question but i'm gonna ask it anyway.
After calculating the pivot points from yesterday's High,Low and Close, what do you do if these points are not within today's trading range? What I mean is, how do you find points of reference if the market trades above or below all the pivot points you have calculated (PP,S1,S2,R2,R1)?
Any clarification would be a great help.
This is gonna seem like a stupid question but i'm gonna ask it anyway.
After calculating the pivot points from yesterday's High,Low and Close, what do you do if these points are not within today's trading range? What I mean is, how do you find points of reference if the market trades above or below all the pivot points you have calculated (PP,S1,S2,R2,R1)?
Any clarification would be a great help.