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 ...
Discover how Andrews' Pitchfork helps traders identify trends, support, and resistance with three parallel trendlines. Learn ...
Bitcoin is a decentralized digital currency. It was created in 2009 following the release of a white paper by "Satoshi Nakamoto", an unknown figure. Unlike fiat currencies (like the dollar, or euro), ...
Do Pivot Points work in systematic trading? This article will attempt to answer this question by defining precise rules and creating a trading system on the world's best-known and most traded future, ...
Figure 1 is a weekly chart of the S&P Depository Receipts SPY. The red and black dots are key pivot points, which is a concept that I have developed that defines the best areas of support (buying) and ...