I have 233.44 as the 23.6% fibbo of the last rally and I was wondering why it stopped the bounce 4 hours ago - then I noticed that it was also M2 for the daily pivots set at 17:00 EDT.
Whilst I see that many are now restting their pivots at the London Open, Dove Alliance who did some great work with pivots on UJ only reset them once a day.
I wonder how many traders follow the once a day approach and how many the multiple resets.....
Whilst I see that many are now restting their pivots at the London Open, Dove Alliance who did some great work with pivots on UJ only reset them once a day.
I wonder how many traders follow the once a day approach and how many the multiple resets.....
Trading Levels with WRBs