Question on Pivot Points

ES and YM:

Do you find more useful (and precise) classic pivot points based on intraday data 09:30 AM 03:15 PM (replying the SPX-INDU cash) or with all overnight prices?

Thanks

 

Nobody use pivot points?

 

Floor guys use RTH.

lefty

PS: There are probably 10 threads on Pivot Points!

http://www.elitetrader.com/vb/searc...y=lastpost&sortorder=descending&pagenumber=54

 

I use the 24 hour high/low and settle prices.

Just go to the exchanges to find these prices CBOT/CME in the case of YM/ES.

Or you could just chart both and watch them for a couple of weeks and see which one 'works' best. Obviously nothing is airtight, but pivots help in determing decision points in your trading.