Pivot Point

Discussion in 'Index Futures' started by brich, Jun 27, 2002.


  1. Thanks vink...great links!!
     
    #21     Jul 2, 2002
  2. jeffm

    jeffm

    Search the omega list archives at http://purebytes.com/archives/ and you should find lots of examples of floor pivot code you can use in supercharts.
     
    #22     Jul 2, 2002
  3. DaveN

    DaveN

    Here are the Pivots plotted on both the ES and the NQ for the last several days on a 10 minute chart. (ES is the upper chart in yellow, and NQ is the lower in Cyan).

    Dizzyspell has made great points about it's being more important how you trade them rather than just waiting for price to hit that point. You can see the small penetrations in the chart while one market waits for the other to follow, the pullbacks, and the eventual S/R appearance on a 10 minute chart.

    The chart's done in Tradestation 2000, and I have the Daily Pivot points plotted as dots. The Pivot is hidden, but Pivots 1 and 2 are shown.
     
    #23     Jul 2, 2002

  4. Thanks Jeff!
     
    #24     Jul 3, 2002

  5. There's a book called "Detecting High Profit Day Trades
    In The Futures Markets" by J.T. Jackson, that is basically
    a method for trading pivot points.

    It's not bad. If you like to trade pivots,you'll want to
    read it.
     
    #25     Jul 3, 2002