Quote from gamalruach:
Thanks, sulong!
Does it help? Well... kinda. But what doesn't makes sense is, I've made lots of trades. Is the "anticipation" based on something?
Am I asking the right questions?
Sam
Back to the pivot thingy for a moment. You see, your question was pretty broad, so my answer was the same way.
Most posters on this thread, and others like it, talk about pivots as if the only type of pivots that exist are "calculated floor pivots".
This is not true.
There are other pivots ( db and tripack eluded to them).
These are previous days H /L, the last reactionary H /L, ect...
So when discussing pivots, its important to know which pivots are being highlighted in the discussion.
Is the "anticipation" based on something?
Yes, its based on study of price action at previous pivot levels.
If you do this, you will soon find which pivots are important, and which pivots are less important, and the significance of blended pivots.
PS. Its very possible I didn't understand your last question.
