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Re: One theory I am testing out
Im still trying to devise one actually. It would make more sense to me if the markets tested the lower and upper extreme of value. I am still trying to figure out a method to understand why prices hover in between. Notice how the daily pivot was pretty much in the middle of the two value pivots.
Perhaps I can set a target at the daily pivot when this happens instead of trying to ride it out towards the other extreme. I will keep you posted if I find anything insightful.
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James Lee
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