Jimmy Young Forex Training : 4 Powerful Pivot Point Strategies - Pivot points used to be a favorite on Wall Street, but like other technical indicators, pivot issues are time consuming to calculatehanks to computers and lots of Web resources, it is now possible to calculate pivot issues in secondsrofessional traders have long used pivot items so that you can define support and resistance lines before the business even opensivot items are fairly successful given that they predict the business rather than lag itow they workPivot points work best in sideways trends given that that is nearly what they predicthe lines that make up a pivot point calculation define a very tight trading range that just isn't really conducive to uptrends and downtrendsumerous profitable traders use pivot points on a daily basis to get an idea of the next day's trading range before the business even openspen below the pivotAn open below the pivot point is considered to be really bearish and might induce a downtrend, but not for fairly longhe way pivot it ... [Read More - Jimmy Young Forex Training]
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Jimmy Young Forex Training : 4 Powerful Pivot Point Strategies
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