Pivot Point Trading Paradise | Crude Oil – Russell 2000

Share it with your friends Like

Thanks! Share it with your friends!


http://emintutor.com/ Pivot Point Trading Paradise | Crude Oil – Russell 2000 – Horst Trades CL & TF Nov. 10, 2015

How much time do you spend sitting in front of your computer trading EMini Futures on an average day? Possibly even wasting your life sitting in front of your screen “trend trading”? Maybe consider Pivot Point Trading.

Pivot point trading in EMini Futures is a level at which the sentiment of the market changes. It can be used to predict change in sentiment of traders and investors. The primary advantage of this technique is that it is price-based as opposed to indicator-based. Usually, by the time most indicators generate a signal the move is either completed or already well under way. With the Pivot point Emini Futures system it is possible to execute trades before the indicator-following traders enter the market.

A basic deduction is if the market breaks the Pivot Point level up then the sentiment is bullish and the market is likely to rise. Similarly, a break of pivot point level down is considered bearish and price will continue downwards. Given that the Pivot point on EMini Futures is considered a level of support or resistance, a re-test is to be expected. The Pivot point can thus be used as a predictive indicator. If the market price falls below the pivot point, it may be used as a new resistance level. Conversely, if the market price rises above the Pivot point trade area, it may act as the new support level.

pivot point trading strategy, pivot point trading system, pivot point trading techniques, pivot point day trading,trading pivot point, crude oil trading



Comments are disabled for this post.