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Expert:
Karina Fabi
Registered Users: 2
- Forex
- Technical Analysis
- Price Action
- Beginners
- Intermediate
Real price action traders will not use charts or conventional indicators to backup price action trading. Pivot point is the closest set up to get to right on point to trade prices. This presentation will go around the pivot points until you can see how to read the daily swing of the day. All pivots are better used for high volume instruments such as fx, commodities and international index. Volume is also not seen in indicators, candlesticks are enough to get volume information.
Topics:
- Set up of pivot points in MT4
- Pivots formula
- Market swing vs scalping with pivots
- Volume with candlesticks
- Final strategy over pivots
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