Psych Levels, Pivots, and Trendlines - Resurrected

Quoting eyevoltage

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Just a suggestion, PG, but perhaps it would be advantageous for you if the yesterday's high and low levels were shown on your chart. You got out of your trade with a small profit, mate, but you were operating from a very squeezed position.
Hope you take this in the right spirit, amigo.

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Quoting pgd

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ev,

your suggestions are always welcome.
how can I take amiss the words of a genuine well-wisher?
please have no doubt in that regard.
do feel free to say whatever you must.
thanks for the indicator.

thanks.

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Quoting eyevoltage

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I thought that Spain were confident about getting though all these current problems, no bother? I don't know whether it's the way our papers report it, or, most probably, it's just me being thick! Whatever, I hope that you and yours get through it all ok, mate.

Thanks for the info, by the way.

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Quoting Islander

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Whilst the politicians may be confident, the 25% - 50% drop in property prices is bringing grief to many families with evictions soaring. Huge unemployement - with none of the UK's vast social engineering handouts - means that many are really suffering.

Two years ago it was difficult to find anyone who would work for less than €15 / hour......now dozens will turn up for €7 / hour!

Hard times indeed

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Quoting Islander

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Just a reminder about the usefulness of the Daily Pivots - calculated from the 5pm US close.....its been a R1 to S2 day with every swing close to a DP level. As a guide, I use a 120 pip range and that was hit early in the US session, with the low so far coming in half an hour after the open of the NYSE - another useful time line to remember

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Quoting eyevoltage

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I've sent you a PM.

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Quoting pgd

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Islander,

thanks for the insights.

about those grey ellipses marked on your chart at swing extremes:
is that done by a non-re-painting indicator in real time?

cheers.

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