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Old 22-11-2004, 09:25   #10 (permalink)
philhackett
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Pivots

I am happy with Fabrefactum now that I own it and the data feed is free. It supplies the same main pivot plus support and resistant levels that the institutional traders use. They depend upon them very heavily and trade to them which gives me the opportunity to exit one trade and look for another in a different currency pair while the first tracks sideways for a while.

Pivot points together with Kagi work very well. I use Keltner Channels together with Bollinger and Dema to establish trends with support from Parabolic SAR and DiNapoli macd which is superb.

I have three screens linked with a Parhelia Matrox card. They are up on a frame to lift them closer to eye level.

It is interesting to watch people complicate trading with unnecessary indicators.

Phil
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