Greetings all I'ld like some input on which times to use when calculating pivot points on the DAX. I have sourced these times from wikipedia and the Eurex website. All are local German time. Eurex 8:00am-22:00pm X-DAX 17:45pm-22:00pm Floor - Frankfort Stock Exchange 9:00am-20:00pm Xetra 9:00am-17:30pm I know there are online sources which do this for you but I calculate mine slightly differently. I thought The obvious answer is to use the floor hours even though I still find it hard to believe they close @ 8pm. But why not a combination like earliest time to latest? Also what is exactly is the difference between the Eurex and Xetra?
One way is to use the cash stock exchange times, I would think that would be at least 80% of the trading volume in Dax. 8am - probably 4pm (Euro time). Whatever you use won't make that much difference overtime, as long as you remain constant.