Before the advent of computers and charting software, pit traders and market makers used this method to figure out where the markets might be heading. These days, it is part of most traders’ toolboxes ...
A pivot point is a technical indicator used in trading that helps traders determine probable support and resistance points in a given financial market. It is designed to identify possible price levels ...
Kathy Lien is a founding partner and the managing director of FX strategy at BK Asset Management, directing the firm's analytical techniques. Traders and market makers have used pivot points to ...
A common trading strategy amongst analysts and more novice investors is trading asset classes with the use of support and resistance levels. The purpose of support and resistance levels is to identify ...