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<p><br>It is as simple as buy if price moved above pivot or, sell if price dropped below a pivot. There is a new technique called pivot cpr, cpr means central pivot range.</p>
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<p id="isPasted">As a stock trader, accurately predicting the support and resistance levels of stock in the upcoming trading session is essential for making profits. This can help you define the entry and exit price to ensure optimum profits and minimal losses. Many experienced traders use pivot points for the same.</p><p>A pivot point is an indicator of the market price of a stock over multiple time frames. In the simplest terms, it is the average of the stock's high, low, and closing prices on the previous trading day. On a subsequent day, if the stock is trading at a price above …</p>
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<p id="isPasted">A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.</p><p>You can trade the using pivot point on the basis as if, buy if the script price has moved up and sell if the script has moved down.</p>
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<p><br>Focus on Fibonacci pivot with mid levels. If 10 min candle is rejected, take reverse position and if price violates this level with succeeding candle then exit with minor loss. 50% of the time it would give profit and that would be weigh more than the loss.</p>
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<p><br>To enter a pivot point trade, you should open a position using a stop limit order when the price breaks through a pivot point level. Mostly such kind of breakouts occur in the morning. If the breakout is bearish = Enter a short trade. If the breakout is bullish = Enter a long trade.</p>
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