I like to use pivots when they were previously tested to be true with a previous high/low, but in general I hate that feeling when the first touch bounces off 10 points and I missed it and have to hope it comes back down.
Just curious what your favorite pivots are. Feel free to post
1) Type(s)
2) Time Frame
Mine would be
Daily Floor's
Daily DeMark
Here is a good list for all the formulas:
http://www.sierrachart.com/index.php?l=doc/doc_PivotPoints.html
Anyone else notice that after market hours the pivots seem to shift back a day, as in the day's pivots move back to yesterday and the developing pivots move over teh current price action?
I have been thinking of an algorithem to test pivots. I mean when you live trade them, it seems like they work. But you always wonder in the back of your head if you are just seeing things.
Someone put a really good picture of all the pivots , and then widened them a bit for wiggle room. At...
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