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IWM daily pivots
Billy,
I may have forgotten, but do you use IWM pivots form [URL="https://docs.google.com/spreadsheet/ccc?key=0AglOnXaPr0aNdEJiZ0VuWFdOTXBWOVRyQnlTWktvUHc#gid=0"]this source[/URL]? That is, the shared google file that was offered to us?
Or, do you use propriety ones not marked on your chart today?
In any case, I find there are different pivot points. Is there a best set for intraday use?
I should also note that the robot is up nearly 6 points in TZA. Terrific. Of course, I can't do better day trading than that. But the skill is very useful to learn and pivots are crucial I think.
Thanks always,
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catching a bid at SS3
66.7 holds for IWM. This corresponds precisely with Billy's SS3. So perhaps I have an answer for my own question.
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[QUOTE=nickola.pazderic;16531]Billy,
I may have forgotten, but do you use IWM pivots form [URL="https://docs.google.com/spreadsheet/ccc?key=0AglOnXaPr0aNdEJiZ0VuWFdOTXBWOVRyQnlTWktvUHc#gid=0"]this source[/URL]? That is, the shared google file that was offered to us?
Or, do you use propriety ones not marked on your chart today?
In any case, I find there are different pivot points. Is there a best set for intraday use?
I should also note that the robot is up nearly 6 points in TZA. Terrific. Of course, I can't do better day trading than that. But the skill is very useful to learn and pivots are crucial I think.
Thanks always,[/QUOTE]
Nickola,
I think he uses the file from Maxime (I could not get to your source, as it appears protected). Nevertheless, the thread that lists this is [URL="http://www.effectivevolume.com/showthread.php?3508-GDX-and-IWM-Cluster-Strengths-for-June-6-2011&p=13257#post13257"]here[/URL]. Very useful, and even if you see a difference from end-of-day values to intra-day values, I think you can use it to improve your view of how a trade is developing.
Regards,
pgd
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yes. thanks
Paul,
I use the same file. I don't know why my link is protected, other than I make a copy so I can enter IWM/TNA/TZA.
It is truly a valuable resource.
Thanks for the confirmation and posting it for others once again,