Pivot Point Trading: Your Step-by-Step Guide to Profitable Day Trading with Pivots Points
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Pivot Point Trading: Your Step-by-Step Guide to Profitable Day Trading with Pivots Points
Discover Step-by-Step By How To Calculate Pivot Points And Use Them To Help You Adapt To Market Conditions And Generate Consistent Day Trading Profits
Pivot points are important levels in technical analysis that financial traders use in order to predict where markets may go next. They are most widely used by day traders and calculated using a simple formula involving the high, low and close.
Pivot points allow a day trader to adapt seamlessly to market conditions.
In this book, you’ll learn step-by-step how to calculate pivot points and get started using them to help you generate consistent trading profits as a day trader.
Here are some of the specifics you'll learn...
- What pivot points are and how they were first used by traders on the trading floor-- Chapter 1
- Pivots points actually consist of 7 levels. You'll learn what the 7 levels are and step-by-step how to calculate them-- Chapter 2
- Numerous specific guidelines, strategies, techniques and tips for identifying profitable trading opportunities using pivot points-- Chapter 2
- A key situation when you might want to take profits-- Chapter 2
- 2 complete examples with detailed candlestick charts and step-by-step analysis-- Chapter 2
- How pivot points can be even more powerful when combined with a confirmation indicator-- Chapter 3
- Warning! Here are some critical mistakes made by beginning pivot point traders-- Chapter 3
- Stop placement guidelines for day traders-- Chapter 4
