Term "M1, M2..." at pivot point spreadsheet

Hi,

Could anyone out there please tell me what is "M1, M2.." means. Looking at pivot points spreadsheet, I know PP, R1.., S1..

Tks.

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Permalink Reply by Eric Japlim on January 3, 2011 at 7:31am

The M, may well stand for Murray Math, and the R for resistance and S for support.

Permalink Reply by Yaqui on January 3, 2011 at 8:06am

Hi Afida,

They're simply mid-pivots - the halfway point between each of the major PPs (PP, R1/2/3, S1/2/3).

Happy trading,

yaqui ;)

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