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Old 07-01-2007, 10:22 AM
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Re: Pivot Points - John F. Carter

Dale - welcome to the board.

Here's my 2 cents on pivots and just about any other indicator out there - sometimes they work, sometimes they don't.

My only suggestion is to not use them blindly or at least understand that sometimes the pivots are not going to be accurate. Other times they will peg each move and it will seem too easy. The end result being that you need to exploit the times it works well and not take a bath on days they don't. Again, this can be said of most/all indicators.

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