Support & Resistance for DayTrading

I'm going to post the sup&res levels that I have for the EURUSD for tomorrow. The key to this support and resistance levels is the speed at which the market approaches them and how it reacts around them.
S1: 1.5532
S2: 1.5495
S3: 1.5435
S4: 1.5376

R1: 1.5654
R2: 1.5690
R3: 1.5713
R4: 1.5750.

I'll try to post a chart so you can see the method that I use to trade this lines. How I get those lines is another matter.

Hi, rck. Your S/R figures would be easier to read if you posted them like this:

R4: 1.5750
R3: 1.5713
R2: 1.5690
R1: 1.5654

PP: 1.5593(?)

S1: 1.5532
S2: 1.5495
S3: 1.5435
S4: 1.5376

and include a pivot price. Just a suggestion, FWIW.

Eur/usd Sup&res Levels For 6/8 -6/9

R4 1.5935
R3 1.5898
R2 1.5875
R1 1.5838
1r 1.5813

1s 1.5738
S1 1.5712
S2 1.5675
S3 1.5615
S4 1.5555

1r & 1s Are The Nearest Level Of Resistance & Support Respectively, But I Considered Them Weak, But Sometimes Price
Stalls Around This Areas.

Sorry Opie, No Pivot Points Only Supp&resist. After All This Is To Find Areas Where Price Might P/b Or Bounce From.
Enjoy

Well it seems that R1 held pretty good even though it was not supposed to. A more conservative entry would have been on a p/b to that level at around 5:40 ET and the p/b was more than 200 pips.
S2 held and gave a bounce but more likely the bounce was going to be short lived. S3 held also but the bounce was exactly to S2 which now was serving as resistance. On the P/B to S3 again the MACDs were showing divergence and provided a bounce of around 30 pips (nothing to write home about).

S&R Levels for tonight and tomorrow:

R4 1.5802
R3 1.5765
R2 1.5742
R1 1.5705
1R 1.5680

1S 1.5606
S1 1.5579
S2 1.5542
S3 1.5482
S4 1.5422

As of this writing price is hugging S1 and while is expected to hold (already bounce from it at around 9PM ET the bounce was weak.

Enjoy

R4: 1.5622
R3: 1.5585
R2: 1.5563
R1: 1.5526
1R: 1.5501

1S: 1.5428
S1: 1.5403
S2: 1.5366
S3: 1.5307
S4: 1.5248

Enjoy.

Are you going to explain the method of which you will trade with these S/R levels?

R5: 1.5705
R4: 1.5668
R3: 1.5645
R2: 1.5609
R1: 1.5586

S1: 1.5508
S2: 1.5485
S3: 1.5448
S4: 1.5426
S5: 1.5389

What i use to called 1R and 1S have been labeled now R1 and S1 respectively.
THE LEGACE, I'll try in my next post to explain the way I trade this S&R levels.
enjoy

Hi TheLegace. Tried to attach a chart but the dimmensions are too big. Says that I need 1500x1500 and mine is like 3000x2000. I saved the chart (from tradestation) as a jpg as it is more compressed but still gives that problem.
Any suggestion?

If your using metatrader saving screenshots should be a peace of cake, usually they save images at the right size, but if images are too large try saving it at image shack and embedding it or something.

R6: 1.5592
R5: 1.5537
R4: 1.5497
R3: 1.5475
R2: 1.5438
R1: 1.5416

S1: 1.5337
S2: 1.5315
S3: 1.5279
S4: 1.5256
S5: 1.5220
S6: 1.5161

Legace, I'll Try To Compress It Somehow. I Use Tradestation.