exploration

Looks to go long on EURUSD

Long
FX:EURUSD   Euro / U.S. Dollar
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Though it looks to go long on the EUR/USD i am installing the pivot method to watch resitance lines. P is 1.2243 R1 is 1.2368 R2 is 1. 2454 R3 1.258 S1 is 1.2157 S2 is 1.2031 S3 is 1.1945 Even though the 50 EMA is showing as a support. I think the limit probability is 1.2400... see my other chart on this that i have published. .
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

Comments

Price has hit the R1 from the pivot method at R1 at 1.2368 from P at 1.2243 total of +125 pips
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charttrader exploration
well done
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R1 Target is completed with the pivot method.
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Followed.
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