Sell Resistance Buy Support
Volume is simple. I use it to help determine the intra-day or daily trend. Follow the advance-decline ratio at both the NYSE and NASDAQ. Best for Pivot Point Traders is when the ratio is 2 to 1 or less in either direction. Indicating there may be no clear direction...
http://www.precisionpointtrading.com/
Check it out. They seem more interested in developing traders than just selling their system. Sounds good to me.
They claim their results are based on actual trades not on backtesting.
SwingTrader64
I'm been using the Pivot Point to consistently and successfully trade the E-index markets of the YM: E- Dow, ES: emini S&P 500 and the NQ: emini Nasdaq 100. When combined with Time and Volume they produce more winner than losers.
Works best within consolidated, range bound or sideways...