Ammo-- once again-- I am not talking about "floor trader pivots" or the like which are derived from mathematical equations involving high low close etc. I'm talking about key swing pivot high/lows on a chart... these are 100% absolute. Floor pivots are highly unreliable in my opinion... Slap them on any of my high beta equities and Ive got nothing but noise all day long trading thru them... and I contend this is because there are a wide variety of calculations they are derived from.. hence not absolute.
its a summary of your posts,i need to add that averaging is the one and only way to trade,do i sound ridiculous...and what is your formula for these absolute pivots
Look ammo--your feathers are ruffled... I get it... however--you really should learn how to not take this stuff personally. You continue to ask the same question over and over about pivots... I have addressed it over and over and will not humor you by repeating myself yet again. My detailed multiple replies are right here in this thread. Do you have any other unique questions for me that haven't been asked... that I haven't already addressed?
you mentioned pivots, empirical, absolute,sorry i did not google them since it would be a fools errand, just explain these pivots in detail that are absolutely the cats ass,i can look at them and maybe i will learn something..not asking too much,the pivots i did look up were daily hourly,30 minutes,camerilla,what are yours exactly ..as far as personally ..the averaging gets a bad rap by a lot of folks who haven't succeeded at it...i've posted hundreds of live trades averaging..caught a lot of flak..and had all but 15% come in ..on average thats 1.8 bad months a year.that loss per month is equivalent to a winning month,so do the math...i am asking honestly what exact formula are your pivots based on,i use market profile for my supp/res,but a 3 yr s/r has several smaller 30 day or 3 month or 10 day s/rs in between those,so matching those against a fib, or tl or another s/r in transports or dollar,or aapl,bonds,makes sense,i have nothing against trying these pivots,if they work,it's another tool in the box,just unclear what you are using,because my 3 yr vs,3mo,vs 30 day vs 10 day vs hourly, there is nothing absolute about it