Hi Billy,

I'm in !!!!

Glad you can find the time to teach !

What format will you use to conduct the training, and what time zone?


Regrds
Charl





Quote Originally Posted by Billy View Post
John,

I will soon start a multi-pivots methodology tutorial series that will help novices starting from scratch. I plan to do one per weekend.

The formulas for calculating pivots are as follows:
Resistance 3 = High + 2*(Pivot - Low)
Resistance 2 = Pivot + (R1 - S1)
Resistance 1 = 2 * Pivot - Low
Pivot Point = ( High + Close + Low )/3
Support 1 = 2 * Pivot - High
Support 2 = Pivot - (R1 - S1)
Support 3 = Low - 2*(High - Pivot)

They are the same for all timeframes.
W= Weekly
M= Monthly,
Q = Quarterly,
S= Semester or Half-Yearly
Y = Yearly

Billy