[Soultrader]

The pivot points can used for intraday, weekly, and even monthly charts. Simply take the high, low, and close and use the formula to get daily pivots.

It does not matter what time frame charts you use. I usually plot all the daily, weekly, and monthly pivots on my 233 TICK chart. One quick note though.... the basic concept and formulas of pivot points are just starters. In order to use them successfully there are many other information that you need to understand.

For example, in my article of "Advanced Pivot Point Trading" I mention how I use clusters. I also adjust pivots manually after plotting them. I will go over the charts and figure out the significant pivots from the less significant ones. I also use market understanding and market internals with pivots. This gives me an edge instead of just using pivots which alot of people follow.

Also, I trade index futures. Different markets require different strategies so you will need to study the methodology to see if its works or not. Remeber, I do not trade a mechanical system. All trades are done discretionary so you need to have a "feel" of the market language.