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Old 01-26-2008, 08:26 AM
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Re: Entry using pivot points

Thanks a lot Mr. Paul and Soultrader

I read the VSA thread (Tingull's thread) and some others about market profile etc.

I like the idea and it seems very technical but I would like to know how ist it going to help me on my trading. All I see is the techical stuff. If there's a thread (or maybe you could explain here) that shows rules (conditions) like " when you see xx then you go long/short/place a stop/limit order etc.

I've been trading pivots for quite sometime now. I decided long ago to hold until the market reaches the pivot to do my play. I use market orders and that's a problem, not becuase of the risk of a bad price/fill but sometimes I don't make the rigth chioce and screw it up. I was thinking about having resting orders at some distance off the pivots but I am not sure.

Thanks

Frank

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