When you post those times, what's the window of time width?. i.e.: 10/05 +/- 1 minute, +/- 5 seconds, or +/- 5 minutes. I notice the charts you display are of 5' bars approximately, and hence I assume that the tolerance is about 3 minutes, but I might be wrong. A lot can happen in 5 minutes as you know. Thanks for sharing a very interesting piece of work. alea
The time isn't the only part of this, and in my brief experience, it isn't the only profitable part of this. Look at the reaction to support / resistance established at the time in question. For later trades in the day. As far as a lot can happen.....well, yes...not sure what you mean by that. I think it is understood upfront. In any event, the times are accurate, and more importantly, the levels established at those times are even more important.
absolutely correct. I think it is about ability to scalp market at the pivot time. For successful scalping one should be extra accurate, up to the minute or even 30 seconds. I think it's impossible to calculate pivot times +-30-60 sec. in advance. My pivot times are not for scalping, rather for intraday swing trading.
MoveTimer, do you also use some other methods to give you a go for a trade or do you just rely on your pivot times?
Hi Movetimer: Would you kindly discuss July 05 points to see how you view things in context?. I chose this date, one because it was yesterday, and two because the points did not lay at extremes in the shortest term. Thanks for your attention. alea