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Mr Sears,
You appear to be a bit frustrated. I would like to draw lines with
wonderful labels like you do but I am not good with art work like you are.
Attached is a chart from a program that I use that picks the pivots and
draws the lines automatically in a dynamic manner. Please do not ask me to
explain it. I am not the programmer. If I want to see what pivots to use I
run the program. It calculates buys and sells, does most of the things that
trade station does. This program is not for sale, I have it on loan until I
learn how to pick pivots.
You should read the text with the chart I sent earlier "These lines are all
Median Lines and parallels using
known probable pivot points." The purpose of the chart is to show the next
probable turning point from a
point of view that the Realtraders Group is not accustomed to.
If you would like to get educated on these techniques at the lowest
possible dollar cost there are was an article written by Dr.B. Star in TASC
a few years back. She went into great detail about how to pick pivots and
draw median lines. She enjoys educating people. Her article even showed how
the lines are combined with other popular indicators. Another article in
the same publication was written by Tom French, who I am told is a day
trader in the S&P and uses these lines. His article showed how to select
pivots also.
Renate
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