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Pivot Point Calculator
The Pivot Point Calculator is just one of many trading tools to assist you. As we said before this is a technique developed by floor traders
to assist you to see where the price is relative to the previous market action. You can also say that Pivot points is a "map' that shows you
where the price is relative to previous market action. This Pivot calculator will also allow you to access intraday data of the Foreign
Exchange.
Pivot points work best on highly liquid markets, like the spot currency market, but they can also be used in other markets as well..
Pivot Levels
By knowing the high, low, opening and closing points from the previous day, Pivots could calculate a point at which the market had ‘turned’
to head upward or downward. Pivot points can help predict where the market is going - and coupled with the support and resistance
points, give you an fair idea of how far in a certain direction the trend will go..
Custom Forex Pivot Calculator
For more in-dept information visit Professional trader Peter Bain's Forex Pivot Point Video Course that demonstrates simple yet powerful
Pivot Currency trading systems used by professional traders worldwide.
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