[Soultrader]

I have found pivots to work in the YM (not sure about the ES) but absolutely useless in the Nikkei.

The only reason why it works is because floor traders still use them and electronic traders have picked it up as a handy tool to determine S&R. Other than that, it makes absolutely no sense to determine S&R by a simple mathematical equation.

For fixed targets, I use other significant levels such as high/low, high volume node, value high/low, etc...