Forex pivot points: Pivot points basics

Forex pivot points:  Pivot points are indicators developed by floor traders in the commodities market to determine potential turning points, which are also known as “pivots”.

Forex pivot points are calculated to determine levels in which the market could change from “optimistic” to “pessimistic” Forex currency traders see pivot points as markers of support and resistance.

Seguir leyendo “Forex pivot points: Pivot points basics”