Traders Laboratory - View Single Post - Combining Candlesticks, Indicators, and Pivots
View Single Post
  #8 (permalink)  
Old 09-20-2006, 12:38 AM
jacobnbr1 jacobnbr1 is offline
jacobnbr1 has no status.

 
Join Date: Sep 2006
Posts: 25
Thanks: 0
Thanked 0 Times in 0 Posts
Re: Combining Candlesticks, Indicators, and Pivots

Ok i have found some things out here.

So i plot an example. was a very tight day- low-1.04 high 1.12 close-1.07.

This gave me a piviot point and four r lines and 4 s lines..

what exactly is this suposed to tell me?

the example is ticker tag and is closed at 1.07

seems all the r and s lines are within a few cents of themselfs.

I guess i am not understanding time frames?

I will play with this during market conditions to see what exactly goes on

Reply With Quote