I've been trading five months now and still alive
. I been calculating my pivot point using (h+L+c)/3, on the daily chart. I do have success with it but I see others point will vary up to 50 pips or less... Are there other calculations I can use.. my support and resistance lines need a little adjusting I'm using for r1, pivot point # x 2 - L, and my r2 pp # + H - L seems to come out to high. all calcutions are using the daily chart..
I am studying the Bell Curve charting and cannot figure out the calculations for their pivot point they call the Now Pivot. any help? I do use regular candle chart for my daily pips I collect.
. I been calculating my pivot point using (h+L+c)/3, on the daily chart. I do have success with it but I see others point will vary up to 50 pips or less... Are there other calculations I can use.. my support and resistance lines need a little adjusting I'm using for r1, pivot point # x 2 - L, and my r2 pp # + H - L seems to come out to high. all calcutions are using the daily chart..I am studying the Bell Curve charting and cannot figure out the calculations for their pivot point they call the Now Pivot. any help? I do use regular candle chart for my daily pips I collect.
