Jack
What is your bias? how is Ontario and Toronto best places on earth..........
What is your bias? how is Ontario and Toronto best places on earth..........
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DislikedFolks, I've been monitoring this board all day and see lots of comments about support and resistance, but every posting that mentions them is quoting different levels. Clearly, people are looking at different timeframes, but where do people get your support/resistance/pivot data from?
I use http://www.forexrate.co.uk/pivot_poi...rex_pivots.php.
Anyone care to offer another source?
Ignored
DislikedHey prime,
I use a daily, weekly and montly pivot indicator for MT4 .. And for support and resistance I just look at the chart. Ill post a chart later showing how i identify a levelIgnored
DislikedJack
What is your bias? how is Ontario and Toronto best places on earth..........Ignored
DislikedHere you go inzider .. these indi's show breaks where new days begin, so you can study how well any pair respected the pivots if you back test.Ignored
Dislikedhello jack i added it into my charts but still confuse how it will work and how i will judge can you explain something about it
thanks
UbIgnored
DislikedI love Toronto, but I live about 4 hours away!I am near the ontario/detroit michigan border with the US..
My bias for now is still down but the short/medium term bias is up (based on daily charts).
As said earlier the DOW and S/P 500 are due for corrections and as such so are alot of currencies, hence my bearishness now.
Ill be on after dinnre with some charts and ideas.Ignored
DislikedHey Jack
I was there once maybe windsor ..........Windsor is a nice place been there just across the river..........riverside drive.........I also want to start a new short when Tokyo start at 8EST............
Have nice dinner buddy...........I had a lousy dinner already lol.............I eat early lolIgnored
DislikedUB,
Here are some shots of the indicators.
Daily pivots on 15-min and hourly chart
Weekly pivots on 4-hour chart
Monthly pivots on daily chart (change this setting under the 'visualization' tab in the indicator)
I color the pivot magenta, supports blue, and resistance red
The daily pivots I prefer to set 'start hour' to 0, meaning the pivots are calcuated based on the previous day's data from 00:00GMT to 00:00GMT .. another popular...Ignored
DislikedHere's a 4-hour chart.
Minor trendline, and a major one from back a few days.
If the minor line breaks, I do not see why price will not go down to touch 4930/50.
This level is prior resistance/support, a 38.2% level and weekly support 1 at 4948.
If favoring shorts, short if price fails to break 5150/60, or short against 5200/5250. Use, a, stoploss!Ignored
Dislikedso jim rogers gets on bloomberg and slams the dollar but in the same sentence slams the pound.... i doubt that has influence in last few minutes on downfall (im not that naive) ........ but it leads one to ponder about the logic...... so what does that mean, ? sidways, with the two most aggressively easing central banks in the US going full guns?
the jekyll island meeting was PR. I dont buy into conspiracy theories. i just believe working through all of this is bigger than any mortals could imagine trying to control effectively. such is life and...Ignored
Dislikedso jim rogers gets on bloomberg and slams the dollar but in the same sentence slams the pound.... i doubt that has influence in last few minutes on downfall (im not that naive) ........ but it leads one to ponder about the logic...... so what does that mean, ? sidways, with the two most aggressively easing central banks in the US going full guns?
the jekyll island meeting was PR. I dont buy into conspiracy theories. i just believe working through all of this is bigger than any mortals could imagine trying to control effectively. such is life and...Ignored