PIVOT POINTS DAILY FOREX USDJPY 10/10/2014
PIVOT POINTS DAILY FOREX AUDUSD 10/10/2014
PIVOT POINTS DAILY FOREX USDCHF 10/10/2014
PIVOT POINTS DAILY FOREX NZDUSD 10/10/2014
PIVOT POINTS DAILY FOREX EURGBP 10/10/2014
Pivot point 1860 if the price is above 1860, buy TP 1875-1880, cut loss if the price is below 1860 if the price is below 1860, Short TP 1840-1845, cut loss if the price is upper 1865
As many know I use supply and demand as well as pivot points. Supply and demand is following the orders. Pivot points is evaluating if price is weakening or strengthening. This is a simple moving pivot averages on the 6hr, daily and weekly. Price is in demand...so I believe, however not in a buy yet as the 6hr pivot point is not moving up meaning price is still...
Hello Everyone, The GBP/USD is currently trading above the annual Pivot Point at 1.255977, indicating a potential correction to lower levels. Pivot Points serve as reliable indicators for predicting the next price movement and deserve careful consideration. The three-month high stands at 1.282775. Although GBP/USD is currently favoring a bullish stance, there is...
The algo's probably see those pivot points as high probability trades..They almost always seem to work. In practice it's much harder than it looks, of course, but technically so is anything. All I know is that whenever a stock is down trending; once it hits a strong pivot point, it almost always seems to tick back up..
Drawing some trend lines and finding their intersection points, I am seeing a pivotal point at 3843.5, the .382 retrace for the most recent low point. It could get very ugly if we break this point, but I would imagine we hit this bottom, bounce up to a new ATH for a final wave 5 of this sequence, and then some real correction begins. Alternatively, we could...