Using daily range for estimating exit levels around Pivots

Hi all,

I have been spending quite a bit of time recently on MM and trying to improve my trade management in terms of where to take profit. Someone on a thread recently said 'using the Daily Range indicator to tell you what pivot to MAX PROFITS'.

As I have noticed how much that price does react to Pivot levels I was wondering if someone might be able to expand on this somewhat.

Much appreciated.