MC,Love your stuff. Shows how people can make great money without swinging for the fences. Just one question: you mention "pivot csticks" in many places (like an earlier FMCN trade). I've never heard this term applied to candlesticks before and suspect that the word "pivot" doesn't mean the same thing in this context as it does when talking about daily or weekly pivot points.Or does it?Can you comment on what you mean by a pivot candlestick?
the 'pivot' would apply to any timeframe...basically, a pivot as where the dynamics/balance between buying and selling swings to one side and so you can see a move out of say consolidation or a trending stocks reverses.
tyro, some people also call it trigger bar/candle
Ahh... makes sense. Thanks.
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