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Old 09-12-2009, 12:58 PM   #9 (permalink)
Ektrader
 
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Quote:
Originally Posted by Unregistered View Post
topicstarter of the Resistance and Support lines

I couldn't agree more with you. Pivot are not only quite useless, the average efficiency on pivot trades is already 1 reason not to touch/read/do anything with Pivots again.
Hi all, and you too unregistered dude.

Pivot Points do have a purpose and a use.

If you expect the market to automatically turn at those points. This is not the proper use. On the "indicator post" on my blog I explain how PP are used by market makers and my opinion of their merit.

Happy Trading

Ektrader
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