Forex Pivot Points Strategy

Forex Pivot Points
Professional forex traders and market makers use pivot points to identify potential support and resistance levels.. Simply put, a pivot point and its support/resistance levels are areas at which the direction of price movement can possibly change.

Pivot Points Trading Strategy
This thread is based on the free Pivot Points Trading Strategy eBook available here. The strategy is based on statistical analysis over 12 years of data, across 3 popular currency pairs. The result is a simple to apply intraday strategy any trader can use.

Forex Pivot Points Calculation and Trading Strategy - ForexBoat
Forex pivot points are great trading tools. Retail traders use the pivot point calculation to find important support and resistance levels. Moreover, they chose the right pivot point trading strategy to forecast the next market move.

Simple Forex Pips: Pivot Point Trading Strategy
Pivot point trading can greatly simplify Forex day trading. Pivot points provide good reference points at which to enter or exit trades as well as give an indication of the market bias.

How to use Pivot points in Forex trading? The strategy
The further the price moves away from a daily Pivot Point the lesser should be attempts to enter the market. Try catching the market when it is close to the Pivot Point in the beginning of the day; and if came late, avoid entering for the current day. That's basically the way how traders use Pivot points in Forex trading.

Pivot Point Trading - Forex Useful
Pivot Point Trading. A personal story... My own analysis conducted on over 12 years of data allowed me to come up with the Pivot Points Trading Strategy, it's free and available here.

Comparing the Different Types of Pivot Points - Forex
Many forex traders are aware of what Pivot Points are and may even incorporate these support and resistance levels into their trading strategy. But did you know that there are many different variations of Pivot Points? In this article, we will take a closer look at five major types of Pivot Points â€" Standard Pivot …