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Re: Combining Candlesticks, Indicators, and Pivots
I hate to be a stick in your side... But, what do all the r's 1-4, pp and s's 1-4 mean??
What is the differance in formulas? ie.. classic, woodie and camarilla?
And one more. what advantage does this give by knowing where the piviot points are v's support and resistance?
I got a tight distant friend that i chat daily with as we toss things back and forth, he seems to come up with future calls of prices stopping and turning when a certain price is breached. Although often right, he will never reveal his secret.
I always come up with a support and resistance differant than him. He always tells me he got the real support and resistance prices from price actions... I wonder if he is using this method right here? I mean piviot points. He always make himself out to be like he is the grand-puba of traders???
I asked him today and he said he was not using this method.Y-R.
thanks for all the help..
chris
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