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Question Pivots and fibs

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markw

Post subject: Question Pivots and fibs

Posted: Sun Sep 06, 2009 6:21 pm

Joined: Sat Sep 05, 2009 1:02 am
Posts: 1

hello

Does the WRB work well with pivots and or fibs

Thanks
markw

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wrbtrader

Post subject: Re: Question Pivots and fibs

Posted: Sun Sep 06, 2009 8:53 pm

Site Admin

Joined: Sat Jan 10, 2009 2:06 pm
Posts: 4336
Location: Canada

Hi,

It really depends on how the trader is using either or considers something to be a pivot or fib point.

For example, I've once seen 5 different traders over at EliteTrader.com using the same time frame and same trading instrument with each trader having a different pivot points.

Simply, the best way to answer your question is for you to post chart examples with your pivot points and/or fib annotations.

After you do that, I will then download, annotate your chart then upload it for you to determine if it works well or not.

Best Regards,
M.A. Perry
http://www.thestrategylab.com

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