The Pivot Point indicator formula is the most accurate to trade on support and resistance levels of the previous market session. This indicator closely monitors prices by helping the trader to maintain positions based on price action. Pivot Points also help to understand when the market will continue to buy or sell in the next market session, and thus maintain longer-term strategies. Pivots are better use in the opening of the market in the first two hours of the trading session.
Karina FabiCo-Founder of "Watch My Trading", the first Spanish-language platform for real-time currency trading with macroeconomic data scenarios.
Specialist in intraday trading in currencies, commodities and indices.
She began her trading career with Price Action from her hedge fund experience in New York City in 2008.