V.14:7 (294-297) Three Turns On The Pivot Point by William Greenspan
ARTICLE SYNOPSIS ...V.14:7 (294-297) Three Turns On The Pivot Point by William Greenspan
This floor trader updates his previous article
on the pivot point technique with additional
insight on how he uses the method for day
trading S&P futures.
Several years ago, I wrote an article for STOCKS & COMMODITIES describing how professional floor traders use the pivot technique. Although the pivot technique I described works in all futures markets, it responds best to markets with a wide daily trading range, such as the Standard & Poor's 500 index, Treasury bonds, soybeans, wheat and corn. Since then, I have received m...