Hey Fx1618 Thanks for the article. He seems to say less volume equals more volatility, because smaller orders can cause larger swings. Hmmm ... better stand pat perhaps. Smurf
This is because we have yet to see a logical explanation of why pivots points should work. Eur/Jpy recently broke through a multi-year high. You could observe price go ape when it reached that point, because that is a point everybody is watching. ...
Hello BurgerKing S/R lines are usually old highs / old lows, round numbers, moving averages, trend lines (both the normal ones and the ones from chart patterns) and fib retracements and expansions. The middle of long candles also seems to work. ...