Dirwood:
The formula for pivot points is as follows: (H,L,C are previous day's High, Low and Close)
R2 = P + (H - L) = P + (R1 - S1)
R1 = (P x 2) - L
P = (H + L + C) / 3
S1 = (P x 2) - H
S2 = P - (H - L) = P - (R1 - S1)
(When Stephen Hawking went to write A brief History of Time, he was warned that every formula which littered the pages would cost him readers)
Dirwood:The formula for pivot points is as follows: (H,L,C are...
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