Pivot Points and Trend Trading | Forex
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Mark Sturdy talks about pivot points. Pivots is an area of instability in the market. In a bear market if it bounces its support, if it breaks down its resistance, but sometimes the market is at an area of indecision which we refer to as a pivot point; an area of uncertainty in the market. Pivots turn into support if the trend is well established
Comments
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Thank you very much for this Sir...it makes a whole lot of a difference avoiding uncertainty areas on the charts using the multiple time frame approach.