Registered: Feb 2009
06-09-09 06:59 AM
and our next chart includes the daily, weekly & monthly pivots as well as the Previous Day's Value Area High (at 945) and Value Area Low (at 937.50).
Of importance here is the "confluence" of pivots, and Previous Value Area High occurring in the area of 945.
From our point of view one could have successfully traded the chart using only the S/R lines, the pivots, and the primary Market Profile numbers.
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