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Re: GEN - pivots



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Hi Bob,

If you get anymore numbers on the pivot charts, you're bound to get one
hit. Good Trading,
JD

bobrabcd wrote:
> 
> Here are a couple of charts that will be interesting to see how they
> reflect reality today.  The djiPivot chart may be a little confusing since
> it has a lot on it.  The grey lines are the classical pivots that are
> popular with market makers.  The probability zones relate only to the grey
> lines:
> Zone6 > R2a
> R1A<Zone5<R2a
> Keyline<Zone4<R1A
> S1A<Zone3<Keyline
> S2A<Zone2<S1A
> Zone1<S2A
> 
> Since the classical zone lines have pinched up to the Keyline it
> facilitates gonzo type market moves because buy sell orders are place
> within ticks of either side of the pivot lines.
> 
> Have an exciting day.
> 
> BobR
> http://www.oextrader.com
> 
>   ------------------------------------------------------------------------
> 
>                    Name: cone2.gif
>    cone2.gif       Type: GIF Image (image/gif)
>                Encoding: base64
> 
>                       Name: djiP0115.gif
>    djiP0115.gif       Type: GIF Image (image/gif)
>                   Encoding: base64
> 
>   ------------------------------------------------------------------------