Pivot trading

Nov 3, 2011
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#4
Have you googled it?......that should keep,you busy for the next 3 years

N
That's why I asked the question to start off with. There's so much stuff out there but there's a lot of crap and a lot of sales people....
 
Apr 30, 2018
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#9
I like pivots as a general guide, however, just because price rarely exceed S3 or R3 does not make that useful in any way whatsoever. If you are shorting a trend day then will still lose money regardless as it usually closes near high of day, does not matter if it got to R3.

I want my pivots to change throughout the day, this would imo give far better prediction of potential range.
 

Pat494

Well-known member
Mar 27, 2004
13,135
1,246
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#10
I have been experimenting with the previous day's results.
It seems better to draw the line from previous day's high and low to current high and low .
 
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