I use the support and resistance concept taught to me called quarter points. It is the idea that price moves in quarters. An example would be £1, if you break this down into quarters it would be 4 quarters that are 0.25p, 0.50p, 0.75p, and £1.00. When you put this into your charts you will see price react of these zones. I use this concept with major quarter points which are 250 pip increments and with large quarter points which are the whole number. Use horizontal lines and correct them to each quarter point level and you will understand the importance of quarter points in the markets. Each quarter point has a 50 pip range - 25 going above it, 25 going below it.