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Hi,
I like this one because it gets off the screen if the price moves far enough
away. The amount is adjustable. I think this came from Mark Brown.
There are a number of different uses for the pivot point. The main one is as
an intra day level of support or resistance that often defines the point
that the price will pivot at. If the price does not pivot there then it
often continues it's run.
Prosper
----- Original Message -----
From: "Brian Keith Voiles" <admagic@xxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, February 26, 2001 8:09 PM
Subject: [RT] Spoos Pivot Point ELA
> Can someone share with me a Pivot-Point ELA that they have
> used effectively in trading the S&P? Please share how you use
> it specifically. Thanks,
> Warmly,
> Brian Voiles
>
>
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Attachment:
Description: "PIVOT.ELA"
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