Do you use Pivot Points?

Starting a thread to poll who uses Pivot Points and how.

how do you determine entry/exit based on Daily Pivot, MidDay pivot and S1/2/3 as well R1/2/3

I am using MidDay Pivot I downloaded from TS forum and it seems to be accurate and works 50% of the time probably.

Do you combine with any other indicators?

Thanks for sharing.
 
Quote from SuperVolatility:

Starting a thread to poll who uses Pivot Points and how.


Why not use the search function, and realize that Pivot Points are essentially worthless, as is this thread!
 
here is what I am discussing

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Today's RTH Pivot's were:
R1 1,415
PIVOT 1,409
S1 1,403
Based on Monday's HLC, If you bought 1403, you are looking good!

Thanks,

surdo
 
For intraday traders of futures, pivots work.

That said, most traders I have seen really do not know how to use them.

A tool in the wrong hands is not much of a tool.
 
Quote from smilingsynic:

For intraday traders of futures, pivots work.

That said, most traders I have seen really do not know how to use them.

A tool in the wrong hands is not much of a tool.

More details on why they work for futures?
 
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