Quote from Shanb:
Have you found there to be a good correlation between volatility and the pivot trader numbers? Any examples?
Now I went over this pivot tracker sheet before and couldnt make anything of it....no idea how they are coming up with these numbers lol
I only trade Crude and narrow pivot tracker value in majority of the cases means high volatility within a day or two.
You can look at the pivot tracker sheet for your instrument and look back and see if low numbers gave signals towards increased volatility.