I'm fairly new at using pivots, but I use a 24 hour session, and calculate the pivots with high, low, and SETTLEMENT. Not sure what platform you use, but Tradestation has a technique called Floor Pivot Points that I do NOT use. They calculate the points based on close which I believe skews the...
First off, I would like to say that this site is incredibly helpful to the novice daytrader that is starting out. I just began my venture as a full-time daytrader a couple weeks ago and was looking for a good forum where I could get some ideas. I just signed up last night and found myself...