Saturday, 8 March 2008
Rumor : Banks use Indicator Camarilla
Saturday, 8 March 2008
Do you know Camarilla Equation? This is seems like ordinary pivot,support and resistance levels. But I heard some rumors that Bank's Traders are using these levels to take positions. This equation is well known in S&P index trading and now traders are bringing this to forex.HistoryDiscovered in 1989 by Nick Stott a successful bond trader in the financial markets, the 'Camarilla' equation quite
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