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Old 12-07-2007, 06:39 AM
Maverick0325 Maverick0325 is offline
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Re: Pivot Point Formulas

James,

Once again, love the forum, thanks!

Had a question re: 'floor-trader pivots'

I have seen people use these very effectively and wanted to see if you agree with their effectiveness.

Floor Trader Pivots are calculated similar to the Classic style, however, R2, R3, S2, S3 are different.

Check the link, scroll down all the way to the bottom and see the calculator to see the calculations as well.
http://www.tactrading.com/floor-pivot-trading.htm

Question:
Have you used them on Equities? Did they hold?
Have you used them on the Nikei, as you like to trade that more often.

Any comments? Suggestions?

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