 While many individual traders planning to enter the pivot, and negotiating the move to outside the pivot, professionals think backwards. Novice traders need to take a different approach to enter with better odds that might be missing. It is almost always more successfully (a) to look for a stage of congestion instead of a stage of trend - due to the fact that to that the majority of days are days in congestion, and (b)exit at the pivot, because most traders are looking to start an investment and the volume increases.
_____WEEKLY_____
Weekly - R3 = 78,94
Weekly - R2 = 78,21
Weekly - R1 = 77,24
Weekly Pivot = 76,51
Weekly - S1 = 75,54
Weekly - S2 = 74,81
Weekly - S3 = 73,84 
Show full picture _____MONTHLY___
Monthly - R3 = 79,64
Monthly - R2 = 78,74
Monthly - R1 = 77,91
Monthly Pivot = 77,01
Monthly - S1 = 76,18
Monthly - S2 = 75,28
Monthly - S3 = 74.45 
Show full picture
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Performed by Gerardo Porras, Analytical expert
InstaForex Group © 2007-2013
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