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OATPOINTS from e-mini-traders yahoo chat group dated around 062203 [ 030323 ] [ TradeStation code and screenshot here thanks to Vanier ] IF SOMEONE CODES AS STRATGY WITH MY MONEY MANGEMENT PLEASE EMAIL IT TO ME FOR MY ADDITIONAL IDEAS. The Oatpoints Method works on the premise that resistance becomes support or support becomes resistance. Basically, price breaks a pivot high (resistance) and then a 5 minute price bar closes above the pivot (resistance). If price retraces back to the broken pivots price it will now act as support and price will continue back up. It is easier for price to go up now because the previous pivot (resistance) had been broken and is no longer resistance but is now a support area.
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