SURVEY - What do Most ES Traders Look at?

[heypa]

I use the Thunder Bowl Index (TBI)of the morning dump.
If it floats it's an up day.
If it sinks it's a down day.
If it's mixed it's a confused day.
Missed todays read since I accidentally covered with paper and didn't care enough to fish around.

 

[Lucrum]

Quote from Rupp:

What is artificial about pivots? It uses the high, the low, and the close of the previous period, pretty straightforward.

Pivot Point = (Previous High + Previous Low + Previous Close) / 3

I can see the pivot maybe being potentially useful, in that it's a sort of average price for the day.

For R1 and S1 where does the multiplier 2 come from I wonder?


Resistance Level 1 = (2 * Pivot Point) - Previous Low

Support Level 1 = (2 * Pivot Point) - Previous High

 

[RatioTrader]

I use the pivots for cash session. Although I am not a heavy pivot trader and don't really put too much emphasis on them.