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Thursday, January 21, 2010

Pivot Calculator

There are many ways to find support and resistance price levels, but one good and fairly easy to use "Pivot Points".

You find them using a "Pivot Calculator"

Pivot Points:
P = Pivot
R1 = Resistance level 1
S1 = Support level 1
R2 = Resistance level 2
S2 = Support level 2
R3 = Resistance Level 3
S3 = Support Level 3

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