![]() Originally, pivot points were developed by floor traders who worked in a fast-moving environment in the equity and commodities markets. ![]() Traders use pivot points and the support and resistance levels they provide to determine potential entry, exit, and stop-loss prices for trades.ĬFI’s Financial Modeling and Valuation Analyst (FMVA)™ certification program can provide you with a toolset that you can use to become a world-class financial analyst! They are based on the previous day’s high, low, and closing prices. Pivot points refer to technical indicators used by day traders to identify potential support and resistance price levels in a securities market.
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