Step-by-step guide and strategy on using Pivot Points in Forex
Forex Pivot Points Book. Series of Free Forex ebooksBy Jeff Boyd
What is Pivot point trading?
Pivot point Terminology
How to calculate Pivot points?
How to use Pivot points in Forex trading?
Why do Pivot points work?
What are the most common tricks/techniques to use in Forex Pivot point trading?
Pivot points are sometimes associated with difficulties for Forex traders, especially for beginners.
Today we will try to explain as simple as possible about Pivot point trading so that tomorrow you can confidently apply this knowledge to your Forex trading!
Ever wondered why price stops and turns at some exact points? There are many answers and causes for that such as Fibonacci levels, trend lines support/resistance areas etc, but many of such stops-turns are quite often caused by Pivot point levels.
Ever wondered how daily signals and forecasts of exact price's turning / fighting points are predicted by expert traders?
Again, those traders take a lot of data into consideration, but they would never overlook Pivot point analysis!
Many Forex traders if not all successful ones do respect these important Pivot levels and heavily rely on them in making everyday trading decisions.
That's why we'd like to introduce Pivot points trading approach. Pivot point trading is a study that traders either going to know and use to their benefit OR allow additional unnecessary risks to be a part of everyday trading.
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