Simple's Green Room

[simplegreen]

KIRBY the high percentile success in using pivots is a count of touches of a reversal line the way I see them...BTW I do use pivots a lot...one reversal starts the possible pivot price line...at some point the price will be drawn back to it like a magnet...this touch should fail and reverse yet again..next attempt usually breaks through the pivot line and then the pivot that was resistance now becomes support or the support becomes resistance.This is how I view price action with "pivots" so this is how I trade them....ASSUMPTION!!..Second touch fails but 3rd touch breaks through.You might think of them kinda like dbl tops or dbl bottoms...3rd times the charm(LOL)