Camarilla Pivot Points for stock trading

Discussion in 'Technical Analysis' started by Mark Moskowitz, Aug 3, 2015.

  1. I have used Camarilla Pivot Points for my stock trading for 15 years. I cannot believe how accurate they are and was wondering if anyone else has had a lot of experience using this indicator for clarity of signal.
     
  2. BSAM

    BSAM

    Must be magic!:eek:
     
  3. Wow you logged into and created an ID for ET just to shill a pivot point system?
     
    trhudson likes this.
  4. My feeling:
    Put enough plot points on a chart and the market is bound to hit one of them.
    I think I backtested this at one point in time and found them to be of no value.

    Exactly how are you using them ?
     
  5. I primarily use them to give me trend indicators. When on a buy or sell signal. I also use them as support and resistance but for my overall strategy as a trend follower with reversion entries, I love them to tell me where the big money is flowing.
     
  6. so....plainly speaking, if you see the market going above a high pivot, that tells you the market is in an uptrend. When it subsequently hits a lower pivot, you go long, right ?
    If however, the market goes lower after your fill, you exit at the next lowest pivot ?
     
  7. dealmaker

    dealmaker

    I have used it a while back, I did not experience the accuracy you have mentioned but perhaps during times of lower volatility its more accurate...
     
  8. Note how OP has never given the specifics of how exactly he uses them.
    Very vague at best.