Fibo Quantum Download

 Download

 Download

The Forex Market began as an inter banker exchange program that was used to transform currencies. Even the roots of the word explain the significance of it: Foreign Exchange. Soon after it began the Forex market attracted many traders because mainly of the high liquidity and high earning potential. Although the risk is higher than any other types of trading it grew to 1490 trillion dollars in spot transaction and a total of almost 3000 trillion dollars in other transactions being the biggest trading markets ever to exist.
To avoid risks there have been developed theories and indicators that help the trader calculate and minimize them. In the trader world the Pivot Points Indicator is one of the most important tools that any trader should know and use. But what is the pivot point indicator? This particular indicator shows the level (the line) where the general trend of the day switches its direction. Using a few mathematical calculus and the maximum and minimum prices of the previous day we could foresee and derive the series of this pivot. For the more these points can be considered support and critical resistance levels of that day that will become the pivot levels. Each day traders use Open, Close, High and Low prices (the Forex Market that is considered to be open 24 hours uses as Open/Close prices the prices at 5 pm EST or 2 pm PST). This data is enough to calculate the level of the pivot point indicator. The levels of the pivot are so popular because they are easily predictable levels and they are very useful to make a decision in the trading day using data from the past days to find the potential levels of the trend switch. You should also keep in mind that if most traders know this method you can expect the market to be too predictable and that the effects of this strategy to de diminished or heightened. Also I’m thinking that among small investors are found big ones that use this classic method knowing this but forcing and anticipating these movements in the market with the proper consequences.
This is why these simple deductions of the levels of the pivot point indicator can be seen as opportunities to invest especially in a highly volatile market like Forex.

 Download

Infinity Scalper Download

FX Atom Pro Download

Tagged with:

Filed under: Forex Technical & Fundamental Analysis

Like this post? Subscribe to my RSS feed and get loads more!

Possibly related posts

  • How To Calculate Forex Pivot Points These points are calculated mathematically based on the low, high and closing prices of the previous day. They are calculated as daily, weekly or monthly pivots, it provides the significant points of resistance or support that you can use for good continuation or reversal setups as well as profit targets or stop loss positioning. Lots
  • Pivot Point Trading: Your Step-by-Step Guide to Profitable Day Trading with Pivots Points Pivot Point Trading: Your Step-by-Step Guide to Profitable Day Trading with Pivots Points – Kindle edition by Alton Swanson. Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading Pivot Point Trading: Your Step-by-Step Guide to Profitable Day Trading with Pivots
  • Trading With Pivot Points Whilst there is a lot more to Pivot Point Trading in Forex Trading than we will be mentioned in this article, the purpose of this exercise is to introduce you to the concept of trading Forex with Pivot Points.
  • Open Close Price Difference Indicator Download Open Close Price Difference Indicator is a histogram indicator which plots a bar when the new candle opens higher than the previous candles close and vis versa. Download Open Close Price Difference Indicator: Open Close Price Difference Indicator
  • Person on Candlesticks and Pivot Points: Trade Setups and Triggers (Book/DVD Set) Person on Candlesticks and Pivot Points: Trade Setups and Triggers (Book/DVD Set): 9781118626276: Economics Books @
  • Forex Pivot Points, The Basics Forex is the largest financial market in the world, and yet it is relatively unfamiliar terrain to retail traders. There are many important notes that can be made on Forex and many points that both present and potential investors should be aware of, one of the most important involving Forex pivot points. Forex Pivot Points Using pivot
  • Fibonacci Levels- Intraday Trading Fibonacci Levels- Intraday Trading – Kindle edition by Vaibhav Kawade. Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading Fibonacci Levels- Intraday Trading.
  • 『 How to visualize FOREX Price Movements in Japan, London & New York markets by MT4 』 – 11steps 20min – 『 How to visualize FOREX Price Movements in Japan, London & New York markets by MT4 』 – 11steps 20min – – Kindle edition by Tatsuhiko Kadoya. Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading 『 How to visualize
  • The Point & Figure Method of Anticipating Stock Price Movements The Point & Figure Method of Anticipating Stock Price Movements [Victor De Villiers, Owen Taylor] on . *FREE* shipping on qualifying offers. In this book Victor de Villiers shows you how to successfully forecast market prices and determine what action should be taken. The Point & Figure Method is divided into ten chapters
  • Candle Open Close High Low Changes Indciator Download Candle Open Close High Low Changes Indciator can show the last 5 candles’ open-close and high-low range. Download Candle Open Close High Low Changes Indciator: Candle Open Close High Low Changes Indciator