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RTs,
Trading the Pivots can be a very good method in trending markets but when
choppy can be a disaster to your account. One of the methods that I use is
first find when trend changes, then count off from that date till 8-9 months
(my belief as to how long trends last on average). When the trend changes you
can use one bar pivots as point of entry and as time goes on, each month add
on one more bar to the pivot to make a signal good, i.e., two months 2 bar
Pivots, three months 3 Bar Pivots etc. This way as trend continues, this
forces you to trade less and when the "choppy" times arrives, you may be able
to avoid some losses especially toward the end of a trend.
Oat
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