I've been using these for a good while, Matt. Thanks for
continuing to provide them. Those pivots are typically a very good
risk/reward for trading. Also, great coverage on the backdrop,
noting the upcoming earnings, etc.
Tick pivots are great. Set my stop 5 points off the 4340 point
last night. Got to my desk @ 07h00 NZ time (US 3pm) with a lovely
gain on my MESU21 trade.
That low on the pullback in the afternoon was actually the
lowest tick reading of the day. A number of great traders use the
extreme tick as the buy-sell point( Buzzy Schwartz in his great
book Pitt Bull is one). I have -1000 marked as -1500 is rare.
Thanks for reminding me to watch it, Matt.
TICK pivots
Posted by matt on 15th of Jul 2021 at 02:33 pm
$SPX - Chart Link- notice how price bounced off that TICK pivot from July 9th
I've been using these for
Posted by fundamentalvalues on 16th of Jul 2021 at 08:50 am
I've been using these for a good while, Matt. Thanks for continuing to provide them. Those pivots are typically a very good risk/reward for trading. Also, great coverage on the backdrop, noting the upcoming earnings, etc.
Tick pivots are great. Set
Posted by mundy on 15th of Jul 2021 at 06:52 pm
Tick pivots are great. Set my stop 5 points off the 4340 point last night. Got to my desk @ 07h00 NZ time (US 3pm) with a lovely gain on my MESU21 trade.
Nice! glad someone is using
Posted by matt on 15th of Jul 2021 at 07:10 pm
Nice! glad someone is using them!
That low on the pullback
Posted by brophy on 16th of Jul 2021 at 08:35 am
That low on the pullback in the afternoon was actually the lowest tick reading of the day. A number of great traders use the extreme tick as the buy-sell point( Buzzy Schwartz in his great book Pitt Bull is one). I have -1000 marked as -1500 is rare. Thanks for reminding me to watch it, Matt.
That 4307 looks enticing!
Posted by profmel on 15th of Jul 2021 at 02:35 pm
That 4307 looks enticing!