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Re: Confused



PureBytes Links

Trading Reference Links

should be calculated on prior day's values only...should not change during
the day.

Chris


----- Original Message -----
From: "phil" <zxcv@xxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Thursday, April 25, 2002 7:22 AM
Subject: Confused


> Dear List,
>
> In the last couple of days I have received several different ELA files for
> plotting both the Pivot Points and Floor traders formula for support and
> resistance numbers.
>
> The problem is this: I'm not sure if I'm going bonkers or what but it
> appears to me the price levels that are plotted change with each
succeeding
> new high and low  throughout the trading day . Aren't the various numbers
> (once calculated for the time period in question) supposed to remain
> constant until the end of that time period and only recalculated at that
> time?? Am I dead wrong about this or what??
>
> Phil
>