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Old 12-28-2006, 11:55 AM
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Re: S3 to R3: Two important pivots
Quote:
Soultrader
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Hey Doc,

I dont use any indicators for my trading. I use a MP chart, tape, and a bunch of market internal tools: TICK, TRIN, PC ratio, and premium. I'm a simple S&R trader that identifies key levels using market profile, pivot points, and pivot clusters. I then use the market internal tools to judge if price is going to hold or fold and use the tape to time my entries.

Nothing fancy here... I prefer to keep it simple.
Isn't a divergence simple?

Isn't anything you use an indicator? Maybe not a traditional indicator.

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