Pivot Points in Forex: Mapping Your Time Frame

Raul Lopez wrote a great article on using pivot points in forex trading.

Pivot point indicates the sentiment of traders and investors at any given moment and gives a general idea of where the market is heading during the day. It is a level at which the sentiment of traders and investors changes from bull to bear or vice versa. Pivot points are very popular among both individual traders, investors, banks and institutional traders because they are considered to be an important measure of strength and weakness of any market.

To learn more about this interesting and important topic click this link to find out how to calculate pivot points and how to use them in forex trading.

Stan

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