Daily Pivot, Support and Resistance

[cpatte7372]

Hello,

I have a question on a deploying the daily pivot system on stocks.

It would appear that the calculated pivot, support and resistance numbers/system is often used to day trade the S&P futures contract to make low risk, high probability profitable trades in the highly liquid E-mini S&P market.

Can someone tell me if this system can also be effectively used to day trade stocks?

Thanks

Carlton

P.S.

I'm also going to post the question on googles newsgroup and compare the answers received here.

[helenquenet]

Hi Carlton,

If you look at Wilders Reaction Trend System that is basically a pivot system. I trade UK stocks with two pivot based systems. If you like more info let me know.

HTH

[cpatte7372]

Helen,

Your the Brit, correct?

Anyway, thanks for getting back to me. I would most certainly like more information.

Cheers

Carlton

[helenquenet]

Yes the Brit

Have a look at these threads and if you have any questions feel free to ask.

http://www.thetradepit.com/forum/viewtopic.php?t=46

http://www.thetradepit.com/forum/viewtopic.php?t=293

Also there's a presentation I did on Saturday here:

http://www.thetradepit.com/forum/viewtopic.php?t=334

[cpatte7372]

Helen,

Thanks for the information. As you have most probably guessed, I'm a newbie and will most probably be seeking answers to a number of questions. So thanks for letting me know its ok.

Cheers

Carlton

[cpatte7372]

Helen,

I'm unable to access your presentation, and some of the other links.

Cheers

Carlton

[helenquenet]

Hiya,
It seems to be working Ok here I've just got the presentation up OK.

For the other links though you will need to register. Have you done that?

I know the hosts have been having problems with a DOS attack over the weekend. Maybe it's something to do with that?

I'm not techie at all but I do think it might be

Cheers