Dislikedseems like the both of you are the sages in this hood. i've always been confused with pivots. so:
- if im day trading(not very good i might add) what's the "best" to use? daily, weekly or monthly pivots?
- does it matter which session im using when using one of these pivot indis?
- i have ibfx and they have a built in daily and weekly pivot indi...is that inferior to the ones you guys are using?
thank you very much.Ignored
1. Because I trade intraday, I use daily pivots. Some traders also include weekly and monthly, but I just stick to the daily ones.
2. It doesn't matter which session you trade. Pivots work 24 hours a day.
3. Can't answer this one because my knowledge of IBFX is zilch.
Hope this helps.