Sunday, June 29, 2008

SigmaForex Pivot Calacuator

Pivot CalacuatorThere are many ways to find support and resistance price levels, but one good and fairly easy to use "Pivot Points". You find them using a "Pivot Calculator"Why use IT ? They are a long proven, reliable, widely used predictive tool that helps take a lot of the guesswork out of determining exactly where and when to enter or reverse a market position. When entering a basic simple entry, Pivot levels help to you determine in what direction you should go. And they will go a long way to calm fears when trading in real cash.Pivot points, a technique developed by floor traders, help us see where the price is relative to previous market action.Pivot Points: Pivot point is a level in which the sentiment of the market changes from “bull” to “bear” or vice versa.Pivot Points:P = PivotR1 = Resistance level 1S1 = Support level 1R2 = Resistance level 2S2 = Support level 2R3 = Resistance Level 3S3 = Support Level 3FOR MORE INFORMATIONS CLICK HERE

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