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To: Heg Heg who wrote (27661)11/2/1997 1:58:00 PM
From: Tom Trader  Respond to of 58727
 
>>could you please clarify re intraday pivots etc how precisely you would do this? Calculate from the first hour's hi-lo-end prices new values and see if they apply to the second hour???, the rest of the day????<<

HH-- that is exactly what I suggested should be reviewed for validity. For those who like in and out trading for a point or two, Kevin's formula should be investigated to see whether it would work for intra-day bars--30 mins or 60 mins and -- the entry and exit points should be predicated on the support and resistance levels that are generated on an intra-day basis.

No idea whether it will work -- but worth a try--paper trading at first of course.

Have a good day