Review: Definitely a technical indicator that I want to use.
Rating: 5 out of 5
Date: 06 7, 2014
I found this strategy very interesting since it uses recent (previous day’s) trading range to provide market predictions for day-to-day trading. There is some simple arithmetic involved for calculating a Pivot Point and I believe that it’s this simplicity along with its popularity among day traders that has kept it around after the days of floor trading. All formulas are explained in an easy to grasp manner and include examples as well as charts.