Time reference for Pivot calculation

Hello

I did post a similar question on Babypip, but answer yet
http://forums.babypips.com/newbie-is...tml#post408411

Pivot points are calculated using the previous day High + Low + Close / 3

My interrogation is witch time reference to be use. A high or low is gor a given time span.

Witch is more relevant:
Start the day at 0 GMT
Start the day at New-York beginning
Start the day after New-York Close
Start the day at Midnight my time
Other.


Any time reference in use will have is own High, Low, Close. Witch is more relevant and applied by the majority

Any info or comments appreciated

Martin

The problem disappears (almost) if you switch to weekly pivots instead of daily :-).

As for your question, I'd use either GMT or just Open/Close of the particular sessions (US, Euro or Asian).