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Pivot

Today Pivot Points Support and Resistance | Try itI calculate the important lines of support and resistance in my own way. They are good for determining the end or beginning of new trends, as well as for intraday trading and swing trading. In any case, this is a very important confirming moment for my trading strategy. Try it and tell me your opinion. Thank! TICKER S3 S2 S1 Pivot Point R1 R2 R3 EUR/USD 1.072 1.077 1.08 1.086 1.09 1.095 1.1 USD/JPY 106.572 106.967 107.213 107.673 108.019 108.396 108.753 GBP/USD 1.223 1.23 1.236 1.243 1.25 1.255 1.261 AUD/USD 0.62 0.625 0.63 0.634 0.64 0.643 0.648 USD/CHF 0.959 0.962 0.966 0.969 0.973 0.976 0.979 NZD/USD 0.584 0.59 0.593 0.599 0.604 0.609 0.614 USD/CAD 1.384 1.393 1.4 1.409 1.418 1.425 1.433
Education
by MinnieTrading
4
Thinnest yearly CPR in 27 yrs, most volatile year in EUR historyCentral Pivot Range which is a perfect predictor of volatility to come (the thinner CPR the more volatility to expect) forecasts 2020 as the most volatile year in EURUSD history. EURUSD yearly CPR has never been so thin in its modern trading era as in 2020. On the top of that we have got a breakdown (!) of yearly Camarilla S4, some traders compare Camarilla S4 - R4 levels to a house floor or ceiling. Once S4-R4 is broken - price exhibits heavy volatility (Camarilla rule). EURUSD is likely to drop to 0.90s if volatility continues downwards, what is most likely scenario of course. Have wide SL for all EUR pairs the entire this year. Tight stops will eat your trades quick. Pullbacks are gonna be massive. Scalpers are doomed this year as their stops will be devoured immediately.
Short
by ICFX
BTC 4H BearishHi traders, as you can see, not much changed since my previous post. Our 4H Pivot Point based Support and Resistance lines have now become zones, which makes a lot more sense. This is always the case, I just needed time to get the confirmation on how to draw the zones exactly. We have new Pivot Points now, so here they are. On this chart, I'm still feeling bearish, but still not taking a position as we are in a very crucial zone, and those who follow me know by now that I'm a conservative trader. I never hunt the perfect entry, but always try to find the less risky entry. However, for those of you who like a little excitement, on the 1H chart (screenshot will be posted below as comment), you can try to take a scalp if one of the two Trend Lines, based on 1H Pivot Points, breaks. This is not financial advice, but meant for educational purposes. As always, Do Your Own Research! If you agree, please give me a thumbs up or leave a comment, also if you disagree. Thanks! Happy trading :-)
BITMEX:BTCUSD.P
by jurlvarg
2