Well depends upon the historical strength of the number but generally speaking if 900 is not "easy" to see anymore its unlikely it will be respected thus best to use 910 as your level. Reassessment of levels is key, I reassess every single day before I start my trading day and throughout the trading day adding and subtracting levels. Constant adaptation is necessary in order to stay ahead.
Thanks for your insights on moving pivots. This is what I've been leaning towards but I'm still new at pivots. I guess I haven't been updating them as often as I should. Everything you say makes sense to me so I'm going to try updating them daily. Thanks
Hi everyone Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information. Always remember to use the numbers as a guideline for potential areas of high probability plays. Always use a set up based upon your system to enter a trade . Good trading all
Hi everyone A couple of new additions - Fibonacci Clusters - Derived from Fib studies carried out across multiple time frames, - Day Session Fibs - Derived from the High and Low of the 9:30 - 4:15 session as opposed to including globex. As I have said on a number of occasions S/R changes and new levels are formed and taken away throughout the day. All the information on the sheet is designed to help you gauge the strength of a level using various other metrics, designed to create higher probability trading areas.
ES I want to thank you for your postings... I've gone through the whole thread... the material is quite informative.
Hi everyone Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information. Always remember to use the numbers as a guideline for potential areas of high probability plays. Always use a set up based upon your system to enter a trade . Good trading all
Hi everyone Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information. Always remember to use the numbers as a guideline for potential areas of high probability plays. Always use a set up based upon your system to enter a trade . Good trading all
Hi everyone Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information. Always remember to use the numbers as a guideline for potential areas of high probability plays. Always use a set up based upon your system to enter a trade . Good trading all
Hi everyone Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information. Always remember to use the numbers as a guideline for potential areas of high probability plays. Always use a set up based upon your system to enter a trade . Good trading all
Hi everyone Please find attached todays levels. The S/R numbers are in the black column, the MP, Pivots, Fibs, Simple Moving Averages and Summary Numbers are for confluence and information. Always remember to use the numbers as a guideline for potential areas of high probability plays. Always use a set up based upon your system to enter a trade . Good trading all