View Single Post
Old 09-12-2009, 11:58 AM   #9 (permalink)
Ektrader's Avatar
Join Date: Feb 2009
Location: Cyberspace
Posts: 1,223

Thanks Stats
Thanks (Given):
Thanks (Received):

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

First you will hate it, then you will debate it, but eventually you will know it as truth!.
For LIVE Trades, setups, market insight, and other interesting stuff. Visit my video blog:"The MIXTAPE"
Ektrader is offline   Reply With Quote