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Strategies & Market Trends : RealTick III

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To: davealex who started this subject8/7/2001 4:00:55 PM
From: rolex   of 311
 
I have a question for those using pivot lines feature of RT3 charting. What exactly is the concept behind those support/resistance lines? The formulae is available here:
realtick.com
However, would like to understand the concept it's based on.
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