Sorry in advance if this question has already been answered elsewhere but I would like to know the formula that's used to calculate the pivots in your nightly videos. Frankly, I don't use pivots due to their subjective nature (after all, HIGH + LOW + CLOSE divided 3 has absolutely no bearing on where the stock might actually turn). Instead, I use previous support and resistance. Nevertheless, I would be interested in hearing the intricacies behind the numbers you freely dispense every night.
S&P daily pivots and break-down & up Targets
- Thread starter joeb8822
- Start date
I get so busy I forget sometimes to post the pic.
You all know you can get them e-mailed the day before
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You all know you can get them e-mailed the day before
by going to my blog and putting in your contact info
( e-mail )
http://tradepilotpro.blogspot.com/
put e-mail in where it says ( Sign up for our Email Newsletter )
To be honest not sure, when I got off the mic in the room
I was long held till 1240 area and I think the other trader
in our room tried to short and got stoped out
We always keep tight stops, but heard from some guys in room
he was calling the end of day short
But the levels where really good today seeing I went back to
2004 to get them to make sure they would hold
I was long held till 1240 area and I think the other trader
in our room tried to short and got stoped out
We always keep tight stops, but heard from some guys in room
he was calling the end of day short
But the levels where really good today seeing I went back to
2004 to get them to make sure they would hold
Hi Joe, I just notice your thread recently. I am curious how those levels are generated daily. Maybe you introduce before. If not, could you please brief me how you determine those levels on the pictures? Thank you.