Trading In The Forex Market - Those of you who have been trading for a while will be familiar with Pivot Pointsuring this lesson I require to go over how to find a Pivot Point and at the same time a slightly different method of using themirst let's look at how you calculate a Pivot Pointsing a bar chart you will observe that eincredibly single bar has an Open, High, Low and Closehis information represents all price activity during that particular periodn the case of the following example, we shall use a daily baro calculate the pivot point all you call for to do is add the High, Low and Closence this has been done you next divide the total by three, ehe dollars FTSE on the 2nd may 02 had a High of 51920, a low of 51250, and a close of 51740f you add the three together, you get 15492ou then divide that total by three to get a Pivot Point of 51640K, so far so good, but what do you do with this informationell, one technique I like to use intra day is to use the pivot point as a trend indicatore already kno ... [Click Here - Trading In The Forex Market]
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