6m 18s: Lenght

Daily Pivot Points Support and Resistance - Pivot points are based on the previous day's high, low and close. The white main pivot point is the average price of the previous day and when price is above this today more likely to go up and when below more likely to go down. They can be used not only as Support and Resistance areas but you can use them to place stops and for profit targets. We teach an interesting new way to use them which often helps the trader avoid choppy sideways, very hard to trade markets.