Pivot Points! 🟠 (Pro Tips & Examples)

Join the Trader TV Live team as the they discuss the importance of Pivot Points and how professional traders from a real trading floor incorporate them into their daily trading! From accurate calculation to implementation we'll discuss not only how but why if you are actively involved the market on a daily basis you need to be aware of Pivot Points!

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As short-term traders we need to be well aware of who is most likely on the other side of our trades, one tool we can use to find significant areas of interest regardless of what we are trading are Pivot Points. A very simple calculation but a tool that many market participants from casual investors to institutional traders are not only aware of but pay very close attention to on a daily basis. When a trader is first starting out in the markets its vital for long term success to understand market mechanics and time tested, daily levels of significance like Pivot Points.


⏳ Outline:
0:00 - Introduction
0:38 - There are lots of ways to find S/R levels, why use Pivots?
2:05 - So how are they calculated?
4:08 - How can I use them in my trading?
4:48 - Determining sentiment with Pivot Points
5:25 - Great example of how Pivot Points come into play daily
7:34 - Another great example of daily Pivot Points on $AAPL
9:17 - Trade ideas using Pivots
10:20 - Summary
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Watch our Live Trading show, Monday to Friday from 9 am to Noon!    / tradertvlive  

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