text: 0 Simple Forex Pivot Points Strategy. The Daily-Pivot-Points.ex4 indicator can be used to design several trading strategies. The strategy described in one of the earlier articles used the blue pivot line as the focal point of the trades.. This time around, we will see how this indicator can present trade opportunities using any pivot point available. The point of this strategy is to match a pivot point breakout or bounce with a MACD crossover or divergence. When you match signals from both indicators, you should enter the market in the respective direction. A stop loss should be used in this trading strategy the same way as with the previous strategy. Three different levels of support and resistance are calculated above and below the pivot point. The three levels of resistance are referred to as R1, R2, and R3 while the three levels of support are referred to as S1, S2, and S3. When the current price is trading above the daily pivot point, this serves as an indication to initiate long positions. Now let's get into the first strategy for using pivot points in Forex trading – the 70 – 80 percent rule. This statistical rule says: The middle pivot point (also known as the main pivot point) is reached by the price in 70 – 80 percent of the cases during the trading session. Forex Pivot Points, Live Update - Accurate, Reliable, Free and Best, Hourly, 4 Hour, Daily, Weekly, Monthly. We provide accurate forex pivots on Hourly, 4 Hour, Daily ...
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  Pivot Points are a popular indicator that many Forex traders will use in addition when price action trading. But knowing how they work and how to use them co... Forex Pivot Point Strategy based on Price Action - Duration: 5:16. Sasan FX1 3,210 views. 5:16. Learn Day Trading - LIVE Scalping S&P 500 Futures - Duration: 23:33. FREE ORDER FLOW COURSE: http://bit.ly/2uGAQ2V Free Trading Course: http://bit.ly/2PBGwlT A fun fact about pivot points is that they originated from floor... My live trading room, weekly trade alerts and premium courses: https://www.tradeciety.com/masterclass/ Risk Disclaimer: https://www.tradeciety.com/risk-d... This is a super simple pivot point strategy to trade forex. If you're a beginner forex trader, this strategy is very easy to follow. You will also benefit if...