Tuesday, December 13, 2011

ES Futures and the Floor Trader Pivots 12/13/11

The 5-minute ES Futures chart is a great tool for trading the Floor Trader Pivots. Typically, if a 5-minute bar closes above or below a pivot line on a test, the market has a high probability of reaching, at least the half way point between pivot lines. Also, making trading decisions near the pivot lines keeps your risk low.


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