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Using Pivot Points to Interpret Price Movements
In any market situation, the most a trader can do is to anticipate potential outcomes and carefully plan and execute trades when an actionable opportunity arises. One technical analysis method that some traders use to anticipate certain trading opportunities is pivot points. GFF Brokers understand that trading education is essential to a trader’s success. This eBook is an introduction and guide to Pivot Point calculations.
The aim of price action analysis is to establish a simple and “accurate” form of analyzing market behavior by solely observing price movements.
Sections of this eBook include:
- Why pivot points?
- Basic concept behind pivot points
- How pivot points are used to interpret market movements
- Different types of pivot points
- Observations, examples, FAQs, and Calculations
- And More!