A set of indicators developed by floor traders in the commodities markets to determine potential turning points, also known as "pivots". Forex pivot points are calculated to determine levels in which the sentiment of the market could change from "bullish" to "bearish. Forex pivot points are calculated as the average of the high, low and close from the previous trading session: Because pivot points are thought to work well in very liquid markets, the spot forex market may be the perfect place to use them.

Day traders use the calculated pivot points to determine levels of entry, stops and profit stock market slide presentation by trying to determine where the majority of other traders may calculator forex pivot doing the same. Forex pivot point calculators are available free calculator forex pivot charge across the internet through retail forex brokers and third-party websites.

Dictionary Term Of The Day. A measure of what it costs an investment company to operate a mutual fund.

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Forex Pivot Calculator

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