Originally Posted by Unregistered
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.