imagine a world where everyone trading the same system (ie. buy on pivot support). so we would know where all the triggers are....then will this give everyone an edge? just think, that pivot support is now extremely efficient and signficiant, wouldn't it make it hard for the prices to breakthrough ? sot hen it would do me good if i could share my trading systems, to create larger movements (assuming ppl start using it alot). however, wouldn't profits diminish overtime ? my point is, whether the buying pressure would outweigh such diminishing profits.
Then you'd have guys that come in and buy one tick above the pivot, and guys that would buy one tick above them, and so on.