Also, out of curiosity, have you guys ever messed around with different TPO than 30 minutes?
The first time I ran across pivots was in The Logical Trader by
Mark Fisher(in a round about way led me to this board). I was browsing it again tonight and he mentions he believes time is even more important than price. If the market didn't have the velocity time wise to move in the direction and in the time frame you expected, get out, move on.
If that is true though then 30 minutes seems arbitrary MP wise.
What do you guys think about experimenting with optimal/variable TPO length according to market volatility/velocity MP wise?