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S2 and R2 represent deeper ... setting a stop loss just above the R1 level and targeting a move down to S2. Over the subsequent few sessions, USD/JPY breaks below S1, initially finding a support ...
The solid line each month is the pivot. There are two lines above it, the R1 and R2, and two lines below it, the S1 and S2. The Spyder Trust (SPY) chart shows that it closed above the monthly ...
The use of the S1 and S2, and R1 and R2 pivot points, can help a trader to gauge entries more effectively. Instead of chasing a rally or pursuing a falling market, a dip to the support level at S1 and ...
The use of the S1 and S2, and R1 and R2 pivot points, can help a trader to gauge entries more effectively. Instead of chasing a rally or pursuing a falling market, a dip to the support level at S1 and ...
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