Get it Now ... Free Pivot and Camarilla Calculator

Hello Forex Traders

I would like to announce a new Pivot and Camarilla Calculator programmed & designed by me using Visual Basic 6

This Calculator will calculate Pivot Points levels and also Camarilla Levels which are very important for expert traders as these levels reflect support and resistence areas for currency

price

I hope you will find it a useful tool for your daily trading , will keep posting here any new version of this calculator because I was thinking to add Fibonacci levels too soon

Program ScreenShot :



Download Link:
http://www.forex23.net/pivocam2.zip

Every Body Take a Look Here
Here is a live chart from yesterday 03/5/2007 that shows you how camarilla levels are great especially on EUR/JPY Pair

first you take yesterday High , low , close , open for 02/5/2007
Open : 163.09
high :163.38
Low : 162.52
Close :163.34

put these numbers in calculator and it will give you the H3 + L3 levels
H3 = 163.58
L3 =163.10

see chart of 03/5/2007 below and you will see that price of eur/yen go up until H3 level then it reverse to L3




=================================
To People who don't know what camarilla levels are :
Camarilla consist of 8 levels which are
Support levels : L1 , L2 , L3 , L4
Resistance Levels : H1 , H2 , H3 , H4

We work only on H3 - H4 and L3 - L4 , Camarilla Theory says that when price reach L3 Level it will reverse and go up (LONG) and the same way if price reach H3 level it will reverse

and go down (SHORT)

BUT if price pass down L3 level and break thru H4 it will probably still go down (SHORT)
and if price pass up H3 and break thru H4 , it will probably still go up (LONG)

that's was a short explaination of camarilla theory
================================

__________________
FxEgypt - Best Forex Broker - 2 pips spread - No Swap - Scalping Allowed
Deposit/Withdraw via Bank Wire - E-Gold - Web Money - CashU
Monthly 1000$ Contest plus 25$ Bonus Real Account