The pivot point’s indicator is an accurate tool to trade price action with derivatives products of high volume. The indicator follows closely the price action since its own formula uses the prices of every trading session. The pivots are best used over the opening market within the first two hours of trading either overlaps or not. It’s also a perfect tool to measure the open interest. It helps you understand when prices are being held on buy or sell during the trading session to hold positions for the long term or not.
Topics of the seminar:
• Set the indicator
• Interpret each pivot point
• Trade prices within pivot points.
• Interpret open interest
Karina FabiCo-Founder of "Watch My Trading", the first Spanish-language platform for real-time currency trading with macroeconomic data scenarios.
Specialist in intraday trading in currencies, commodities and indices.
She began her trading career with Price Action from her hedge fund experience in New York City in 2008.