daytrading the pivots etc

Discussion in 'Strategy Development' started by SethArb, May 29, 2004.

  1. bobcathy1

    bobcathy1 Guest

    I use pivots as well as a moving average. Entering at open based on the moving average and exiting into the overnight pivots is a great way to go IMHO. I use pivots and mid-pivots, open, close, overnight high and low. Though it is important to regard a pivot as a thick band not a thin point on a chart. Too many great trends fail just short of the pivot. Gotta know when to hold, gotta know when to fold 'em from being able to read momentum.
    There is no one solid rule for trading. There is no grail method. :)
    #11     May 31, 2004
  2. Pabst


    #12     May 31, 2004