The
Support and Resistance levels described in the link above are considered high probability areas for market "reversal", offering retracements of 0.75 points to in some cases 50+ points. In many instances historically referenced
Support and Resistance levels can help traders catch markets tops/ bottoms to the very tick! Why? Support and Resistance levels are the most widely used market analysis tool! Everyone from Hedge funds and banks to the small time trader at home use Support and Resistance levels. The
Support and Resistance levels are to be used alongside set ups defined by the system/strategy that you are implementing. All
Support and Resistance levels described have historical significance and are thus considered high probability areas. The
Support and Resistance levels described are in a fairly large range to take account of market volatility. Throughout the trading day these numbers can become areas of
Support AND Resistance. We believe that
Support and Resistance levels are the primary Technical analysis tool, all other levels described such as Pivots, Market Profile and Fibonaccis are to be used in confluence with our
Support and Resistance levels. Please exercise good judgement in using these
Support and Resistance levels. We constantly strive to improve what we offer...Any Questions, Comments or Suggestions please drop us an email at contact@pivotfarm.com You can now have the Support and Resistance levels emailed to you via our Newsletter every morning. www.pivotfarm.com All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold PivotFarm and the owner / founder / writer of this information harmless in any and all ways. All rights reserved. The use of this website and or it's contents constitutes acceptance of our disclaimer
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