Similar to normal pivot points, but it is more ready trading system. Created by trader Nick Stott in the end of 80’s it still being used by many traders. We have lines:
On many times (actually, most of the time) I use Fibonacci with pivot points. This helps me to decide if there is a potential to move to the 161.8% or not. Lets look at some examples and it will be clear to you.
In this article we will take a closer look at trailing stop loss – what it is, how to use it. You can easily use this with others trading tools or based your whole trading plan around it. We will see how to do it. This is more advanced material – I assume that you […]
