Another curly one

[hectotgti]

Hi Everybody,

One other matter:

I have been using and doing quite abit of study on piviot points along with their program and thought I had a handle on it all untill yesterday when all of a sudden M1 and M4 came into it.
I know what PP, R123 and S123 is about but have know idea what this M1 and M4 lark is all about.


Can someone point me in the direction of some info on this or clarify what it's about please.

Thanks ahead

Da

[ericcartman]

Hi Everybody,

Another question:

I have been using and doing quite abit of study about piviot points and their appliion and believed I had a handle on it all untill yesterday when all of a sudden M1 and M4 came into it.
I know what PP, R123 and S123 is about but have know idea what this M1 and M4 lark is all about.


Can someone either point me in the direction of some info on this or clarify exactly what it is about please.

Thanks in advance

Da Puss Hi Puss, thought I'd respond. Pivots aren't talked about too much on this particular forum. M1 thru M4 are additional points of support and resistance.Laid out so.
R2
M4
R1
M3
Pivot
M2
S1
M1
S2
they're just halfway between the major pivots, since price will stall occasionally between the major pivots, and also be used to go into a trade if these pivots are penetrated-depending are that way price is going. Through and up will see you buying,down and through a indiion.

Hope this helps and good trading to you.

[hectotgti]

Thanks Dessert, You are a ledgend my buddy. This helps wickedly....

Sorry its taken a while to get backagain. Had computer issues over the last couple of days, all's good now though.

Cheers

[hectotgti]

What??? 33 views and no answers??? , Sounds to me like that isn't worth knowing. Great one thing Blair