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發表於 2011-7-31 12:39:32
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回復 piggy3616
Have you ever followed exactly what your system told you to trade? and wha ...
桄榔樹 發表於 2011-7-31 12:29 PM 
In an uptrend, normally it does not fall below Pivot Point (even if it fall below, will rebounce very soon), that mean it is a buying signal at Pivot Point.
Then, at R1, Resistance 1, it shows it is a resistance and can try to sell at that price.
But if rising force is big, it may rise to daily R2 price.
Then, at S1, it is the first support, the system suggests to buy at that support price.
But in big fall day, it can even fall below S3, but it not happen very often.
This Pivot Point Calculation, I think, has reference value. |
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