Articles

May
19
2009

Beginning With Just Price Bars. ML-1

BY: Tim Morge

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May
19
2009

Choosing Three Alternating Pivots. ML-2

BY: Tim Morge

Choosing pivots in this example is relatively straight forward. We'll use the regional high as Pivot A. When price forms a base and begins to move higher from that area, we choose the low of that base area as Pivot B. After price rallies far enough to move above the wide range spike bar that took price lower to form Pivot B, we wait until the rally stalls and a congestion area forms. Once price turns lower and trades below the high of that same wide range spike bar, we choose the high of the congestion as Pivot C.

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May
19
2009

Connecting Pivots B and C. ML-3

BY: Tim Morge

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May
19
2009

Find The Mid-Point Of Line B-C Methods. ML-4

BY: Tim Morge

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May
19
2009

Draw A Vector From Pivot A Through The Mid-Point Of Line B-C. ML-5

BY: Tim Morge

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