Forex Trading Pivot Points
how are pivot points used in forex trading?
any good articles on the topic. thanks
Never used it myself, but I have seen people use it to calculate potential turning points for the day you are about to trade.
Because so many traders follow pivot points you will often find that the market reacts at these levels.
Take a look here for a better explanation:
http://www.investopedia.com/articles/technical/04/041404.asp
Forex Pivot Point Trading Demo
