For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.

The Secret Recipe: Trading Success = Winning Trading System - U


Monday, April 30, 2012

Weekly Pivot

STI has been consolidated in the range of 3033 - 2950 for past two months already, it's in the middle of the range last week. In this kind of side way market, the best strategy is to buy at support and sell at resistance or vise versa.

I'm having STI weekly pivot below for this week:

R3: 3036
R2: 3016
R1: 2979
PP: 2979
S1: 2961
S2: 2941
S3: 2924

No comments: