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 ...
A pivot point is a technical indicator used in trading that helps traders determine probable support and resistance points in a given financial market. It is designed to identify possible price levels ...
Pivot trading is a popular technique in forex that helps traders pinpoint key support and resistance levels based on past price data. These levels act as decision points for potential market moves, ...