Forex: Pivot Points Calculation Rules The floor pivot points (the most basic and popular type of pivots) are widely used in Forex trading technical analysis. The main aim of a pivot point is to represent a primary level of support/resistance - the point at which the trend can become bearish or bullish. Levels of resistance and support (from first to third) serve as the additional points of possible trend breakouts or the trend range...... Similar Editorial : Forex and Forex Brokering by . | Source : Forex Trade Signal
FOREX: Starting Your Own Trading Basically there are 4 steps which can be defined as “must do“ for those who wish to start trading FOREX. Though, their order is not particularly important, the more important part is their content, to which the great attention and responsibility must be paid.First step is finding a right FOREX broker which will be your main tool in trading. You can have a great strategy, good technical analysis...... Similar Editorial : Forex and Forex Brokering by . | Source : Forex Mechanical System Trading
FOREX: Exiting Positions At A Right Time The presented article covers one of the most important (in author’s opinion) aspects of trading in general and FOREX trading in particular – managing of orders and positions. This includes choosing entry points, making decisions about exit points, stop-loss and take-profit of the trader. I hope this article will help new traders, who just began to work with FOREX, and also to experienced traders...... Similar Editorial : Forex and Forex Brokering by . | Source : Forex Mechanical System Trading