Pivot Points Forex
Software, Robots and Training Resources
What are the pivot points in the forex market?
Please give a reference to an explanatory article. Thank you.
First, "no nickname" is idea. Probably had 1 bad experience in trading FX and considers it a scam. It's like going out on 1 date bad guys and now getting out is a scam? Please. Secondly, Uman need to read the news. With declining real estate (and quickly by several comments from people who have worked in industry for decades) I'm sure it will burn very quickly. Fins and investors are again beginning to lose money. With property values falling and new home builders offering incentives to sell their homes, investors are again taken to the cleaners. Unfortunately, none of them answers your question. A turning point is not unique to the foreign exchange markets. You can use pivot points in stocks, futures, etc. A pivot point is a calculation based on the price high, low and close of the previous day. A turning point is a point of "possible", where prices could in turn. Or if prices are above that point, then could act as potential support / Resistance (depending on how the market is moving). If prices fall below the pivot, then now could act as resistance. If prices rise above the pivot, then now could act as support.
(AFX UK Focus) 2010-03-09 02:31 Nikkei drifts lower as investors take profits by Elaine Lies
 | A Complete Guide to Technical Trading Tactics: How to Profit Using Pivot Points, Candlesticks & Other Indicators (Wiley Trading) List Price: $75.00 Sale Price: $43.14 Used From: $32.00  |
A thorough trading guide from a professional traderThe Complete Guide to Technical Trading Tactics can help the new individual investor understand the mechanics of the markets. Filled with in-depth insights and practical advice, this book details what it takes to trade and shows readers how they can broaden their horizons by investing in the futures and options markets... |
 | Day Trading with Pivot Point (Simplified) List Price: $0.99 |
Pivot point is a technical indicator derived by calculating the numerical average of a particular stock's high, low and closing prices. It can beused as a predictive indicator. The trading technique and using pivot point is given in simplified text for the beginners to understand and set an appropriate trading strategy... |
 | Candlestick and Pivot Point Trading Triggers + CD-ROM: Setups for Stock, Forex, and Futures Markets List Price: $90.00 Sale Price: $46.91 Used From: $37.95 |
In his first book, A Complete Guide to Technical Trading Tactics, John Person introduced traders to the concept of integrating candlestick charting with pivot point analysis. Now, in Candlestick and Pivot Point Trading Triggers, he goes a step further and shows you how to devise your own setups and triggers—in the stock, forex, and futures markets—based on a moving average approach... |
Pivot Points
