Indicators are liars! Support and Resistance Trading for the S&P emini

Hi everyone

Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays.

Always use a set up based upon your system to enter a trade.

Good trading all

 

Hi everyone

Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays.

Always use a set up based upon your system to enter a trade.

Good trading all

 

Hi everyone

Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays.

Always use a set up based upon your system to enter a trade.

Good trading all

 

Anyone know where I can find the formula for floor trader pivots? Or any other pivots beside the usual, classic, camarilla, demark, woodie ones?

Thanks in advance

 

floor trader pivots formula

Pivot(P) =(H + L + C)/3
Resistance level 1 (R1) =(2*P) - L
Support level 1 (S1) =(2*P) - H
Resistance level 2 (R2) =(P - S1) + R1
Support level 2 (S2) = P - (R1 - S1)
Resistance Level 3 (R3) =(P - S1) + R2
Support Level 3 (S3) = P - (R2 - S1)

 

nice job andy, I found the same site I think.
http://club.ino.com/trading/2007/05...rs-pivot-points-the-self-fulfilling-prophecy/


I wonder if their are more out there.

 

Hi everyone

Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information.

Always remember to use the numbers as a guideline for potential areas of high probability plays.

Always use a set up based upon your system to enter a trade.

Good trading all

 

Does anyone know whether floor traders use H, L, & C from RTH only or a 24-hr session? If the latter, then what are the start and end times?

 

daily high low close can be found at this link
http://www.cmegroup.com/trading/equ...mini-sandp500_quotes_settlements_futures.html

 

I recall John Person saying to use 24th, but I have seen some use RTH.