exploration
Long

Pivot Method EUR/USD

FX:EURUSD   Euro Fx/U.S. Dollar
261 2 1
I have installed the pivot method....The elliot wave is in wave 3 on the hourly charts. I think price will go to R1 and am ready if S1
Some information on the Elloit Wave http://youtu.be/i4jiKIEcs_E
I like the pivot method to know resistant and support line in advance.

This is free pivot calculator http://www.babypips.com/tools/forex-calculators/pivotpoint.php This link has tips on the pivot method and the math on how to caculate the pivot numbers http://www.babypips.com/school/how-to-calculate-pivot-points.html This persons video explains how to use the piviot method in detail http://youtu.be/nvMhj3n01D8 and this person explains in a video Pivot Point Strategy http://youtu.be/0D_O6ZeRRn8
R 1 has been hit at 1.238 (+60 pips) and price has returned back to the P line
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