You may want to try Murrey Math Trading System instead of pivot points and fibo retracements, then you may do so. All you have to do is to be confident in what you are using. If you have been trading and you are already confident in using pivot points, then just continue using it. Since that’s what it takes to be successful in this field, one should have confidence in the tool you are using.
If you want to try Murrey Math, try to study Murrey’s math in “ Murrey Math Trading System for All Traded Markets “ by TH Murrey. This is a detailed trading book with 64 rules to win the trade. There are over 300 charts/ illustrations which are given with rules and corresponding explanations. The illustrations will give you an idea of the many different formations of any market which are duplicated in the future under the ” History Repeats itself” theory. It teaches perfect mathematical trading system which is very easy to comprehend once you have already set up the ground rules.
You may want to use this trading system and get confident with this system. There maybe times that the system may fail and then you lost faith and you wonder, will this really work? Trouble may possibly arise if this is your attitude in trading. Successful trading is all about confidence.