What Is the Pivot Points Trading Strategy? Pivot points are used by traders of stocks and commodities to predict or anticipate support and resistance levels in the current or upcoming session.
The phrase “pivot points” in relation to Forex trading is often misunderstood. Many traders believe it refers only to the daily pivot point, calculated as an average of: the high, the low and the ...
Spotting breakouts above prior-day highs is an essential professional day trading skill. The challenge is to be able to quickly avoid false breakouts, while getting in on trades that continue up once ...
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