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Old 04-25-2007, 04:17 PM
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Re: Pivot Point Formulas

You might want to grab John Person's, A Complete Guide To Technical Trading Tactics. This is the book that got me into pivot points.

Pivot points are simple mathematical calculations initially used by floor traders to identify support and resistance. It fairly well known to the public now but the important thing is knowing how to play the pivots. Knowing where the levels are is not enough.

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