what is the meaning of the resisitance, supports and pivot in what is written on your quote pls
Quote:
Originally Posted by vnchanger
Tuesday, 24 Nov 2009 - 11:30 AM GMT
EUR/USD
Trend: Downward
Sell EUR/USD at 1.4945 SL 1.4985 TP1 1.4915 TP2 1.4895
Resistances : 1.4966 -1.5018
Supports : 1.4852- 1.4791
Pivot : 1.4904
GBP/USD
Trend: Downward
Sell GBP/USD at 1.6524 SL 1.6564 TP1 1.6494 TP2 1.6474
Resistances :1.6727-1.6801
Supports : 1.6592 - 1.6531
Pivot : 1.6666
USD/JPY
Trend: Downward
Sell USD/JPY at 88.61 SL 89.01 TP1 88.31 TP2 88.11
Resistances :89.35- 89.79
Supports : 88.55 - 88.2
Pivot : 88.99
USD/CHF
Trend: Upward
Buy USD/CHF at 1.0113 SL 1.0073 TP1 1.0143 TP2 1.0163
Resistances : 1.0186 -1.0238
Supports : 1.0093 - 1.0051
Pivot : 1.0144
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