Floor Pivot Points

There are a few pivot point systems to chose from: Standard, Floor, Woodie, Camarilla and DeMark.

I use the Floor Pivot Points system.

Below are the calculations.

R3 = (P - S1) + R2
R2 = (P - S1) + R1
R1 = (2*P) - L
PP = (H + L + C)/3
S1 =(2*P) – H
S2 = P - (R1 - S1)
S3 = P - (R2 - S1)

For example (ES 04/11/13):

Previous Day High: 1584.5
Previous Day Low: 1567
Previous Day Close (4:15PM EST): 1582.75

R3 = 1613
R2 = 1595.5
R1 = 1589.25
PP = 1578
S1 =1571.75
S2 = 1560.5
S3 = 1543

If you have any questions feel free to email me at mark@pivotscoop.com.

 

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