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 ...
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.
Fibonacci retracement is a popular tool in technical analysis used by traders to identify potential reversal levels and support or resistance points in the price movement of assets. Based on the ...
Imagine the market is like a massive rubber band. When stretched too far in one direction, it must inevitably snap back, or retrace, before moving forward again. The challenge for the individual ...
Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
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, ...