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Pivot and TICK high setup
Here is a chart post of one interesting setup. I usually take this setup but I was short from the value high pivot and did not get in on this play.
This is one of my classic setups; after a downtred or uptrend, I watch for TICK's to make a new high or low. Then I will enter a long on the next pullback or a short on the next retracement. In this chart, a new TICK high was made and prices pulled back to the daily pivot. This is a good long signal. Price then lifted towards the value high pivot.
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James Lee
Email: JamesLee@traderslaborator y.com
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