What are pivot points in What is online trading and how does it work? Online trading ... More?
A What are pivot points in online trading? A pivot point is ... More is an used by when they . It shows levels of potential . Thus, it helps to determine whether the is moving towards an or a .
The pivot point is calculated from the average of an, high, low and closing prices of a period. The most common pivot points use the previous trading day, week or month as this period.
Learn how to use pivot points in trading decisions:
Pivot points also play a crucial role in our forex beginner strategy: