Feb 16, 2008

Pivot Point


Free(and yet OLD) ebook about Pivot point by Jayanti Gopalakhrisna.

How to calculate?

A pivot point is the price at which the direction of price
movement changes. It is calculated using data from the
previous trading day. By looking at the high, low, and close,
you can calculate the next day’s pivot point as well as support
and resistance levels.

I upload it for you.....

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