The phrase “pivot points” in relation to Forex trading is often misunderstood. Many traders believe it refers only to the daily pivot point, calculated as an average of: the high, the low and the ...
In 1940 Jesse Livermore wrote one of the classic books on the workings of the Stock Market: “How to Trade in Stocks". By this time Jesse Livermore had developed a mathematical formula that ...
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 future, ...