Understanding when you are looking at a retracement or a reversal is a very important skill to have when you are working out how you will become a profitable trader. The fact remains that most people set...
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Tag: pivot points
Pivot points may prove useful in helping you determine market sentiment. What this means, in a nutshell, is that you may be able to tell if traders are more interested in buying or selling an instrument at...
Pivot points don’t hold on forever. There comes a time when the market moves beyond the pivot points that you see, just like the market moves past resistance and support points at times as well. This is...