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euterpe1

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euterpe1

Re: Footquarters post# 5765

Wednesday, 07/10/2013 7:26:34 PM

Wednesday, July 10, 2013 7:26:34 PM

Post# of 44978
No offense meant. Exactly why I don't use pivots. 5 min IMO is good for trading within a trend, but if the assumed trend is incorrect, then the pivots move you out of a good position. I have sold long positions in this last rally so I could buy them back at a lower price and I have ended buying most of them back at higher prices.

$NASI and $NYMO trumps Ben and reality.

http://stockcharts.com/h-sc/ui?s=$NYMO&p=D&yr=0&mn=8&dy=0&id=p16151260586&listNum=4&a=142121354

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