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We can take the N.Y Bank Settlement Time of 5:00 PM EST as the close of the day and 5:05 PM EST as the open of the next day while calculating our daily pivot point levels. Most of the time, we need to calculate only up to S2 and R2 and S3 and R3 levels would not be required. R3 represents extreme bullishness in the market usually caused by news driven price shocks. R2 level is where the market usually experiences significant resistance. This level provides an exit target for long positions. In bearish market conditions, prices will tend to come close to R1 but most times will fail. If the market opened above the pivot point P, the market sentiment is considered to be bullish and if it opened below the pivot point, it is considered to be bearish. S1 is the support level that is mostly tested by the market under the bullish market conditions while S2 is the support level that is tested under bearish market conditions. S3 rarely comes into play. Usually caused by news driven price shocks. You might be feeling analysis paralysis after reading the above article, read my next article to discover how to filter the above information overload! Mr. Ahmad Hassam has done Masters from Harvard University. Get this 1 Minute Forex Trading System FREE. First practice on your Forex Demo Account and triple it twice in a row, only then trade live. It is composed of 300 water Cherenkov detectors (WCD). Each of them is a cylinder of 7.3 m in diameter and 4.5 m in height. POSTSUPERSCRIPT. They are equipped with 4 upward facing photomultiplier tubes (PMT), one 10” Hamamatsu R7081-HQE at the centre of the tank and three 8” R5912 halfway to the edges. 95%. Those two characteristics compensate the smaller instantaneous sensitivity compared to the imaging atmospheric Cherenkov technique, especially at the highest energies for which fluxes tend to be low. Around 10 TeV, the footprint on the ground produced by a gamma-ray shower is comparable to the size of the instrument. Therefore, most of the events triggering the instrument will fall outside the main array which makes the event reconstruction less accurate because of degeneracy between the core position and the energy of the shower. In order to improve the reconstruction of those events thus improving the instrument sensitivity, a sparse outrigger array of small tanks has been added around the main array. premier league

















































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