We took a step back during this class to ponder several aspects of the Hidden Pivot Method that are subjective rather than based rules-based. Even the ‘mechanical’ set-ups that have become our workhorse for trading are not derived entirely from-the-numbers, since we must judge the strength of the impulse leg with our eyes rather than via calculations to produce optimal trades. This lesson delves into such concerns with an eye toward trading less often but more profitably.
