Professional traders and market makers use pivot points to identify
potential support and resistance levels. Simply put, a pivot point and
its support/resistance levels are areas at which the direction of
price movement can possibly change.
The reason why pivot points are so enticing?
It's because they are OBJECTIVE.
Unlike some of the other indicators that we've taught you about
already, there's no discretion involved.
In many ways, pivot points are very similar to Fibonacci levels.
Because so many people are looking at those levels, they almost become
self-fulfilling.
Read the tutorial and download all pivot indicators here, its FREE:
>>> http://wssfx.com/forumdisplay.php?9-Pivot-indicators <<<
Best Regards,
WSSFX Forum
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