The final quarter of the year is upon us. That’s why I checked some charts. We usually look for positions on lower timeframes, but it is good to know what the bigger picture is and what the potential S/R levels are. EUR/USD The 2020 yearly S1 worked well as support, then we had a quick […]
Some interesting Pivot Points charts from July 2021, and we look at what worked best. This is also a learning opportunity for people who are just learning how to invest with Pivot Points. These posts are meant to show that not only daily Pivot Points but also weekly and monthly Pivot Points can be very […]
Leverage trading is one of the main reasons why traders trade forex. Leverage allows you to open much larger positions even with a small capital.
I often write about yearly pivot points. It seems that especially now when we observe strong movements it is worth watching them. The most recent example: SP500 futures. SP500 rebounded last week from yearly resistance at R1: Pretty cool, huh? Does that mean we are in for a downtrend? It is never guaranteed. Pivot Points […]
Today is a 14th day when EUR/USD is below the daily pivot point. What can we learn from that? Of course, a strong sell-off is obvious here even without Pivot Points. Still, we can use Pivot Points even is such a strong trend moves like that. 1. We can reenter trade during a correction. Almost […]
When there is unexpected news we see the reaction from the markets. Airstrikes on Iran can be a good example. There are a few ways you can trade during days like that. My favorite is to wait for a reversal move from one of pivot lines. We can observe some panic/stronger moves during the first […]
