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Pivot points are price levels used in technical analysis to identify potential support and resistance areas for trading decisions.
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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 ...
If traders decide not to use pivot points (PP), support and resistance directly in their trading method and overall strategy, PP analysis can still provide an invaluable tool for decision making ...
Pivot points can also be incorporated into many trading strategies given their ease of calculation. The flexibility and relative simplicity of pivot points make them a useful addition to your ...