Here is the turning points for this week , (12 Nov - 16 Nov) 2012
Important points and notes:
1- These levels are strong support and resistance levels on short term , the market usually respects these levels strongly.
2- I highly recommend using divergence(s) techniques, to find possible turning point during the week !
3- The recommended time frame , (M15,M30,H1) , generally H1 and below .
4- You can also use chart pattern, candlesticks, trend lines and price action to find possible turning point!
5- These levels would help you set realistic targets and exit points, so you can add them to your trading style..
6- The big moves usually come when both trends - short and main - are matched , example, AUD/USD , short and main are up, so at turning points up, expect the market to flyby, sometimes 200 pips or more..
7-These levels will be published weekly...