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
No comments:
Post a Comment