Pivot Point Accuracy

Discussion in 'Forex' started by Golflyer, Feb 20, 2006.

  1. Golflyer



    I was hoping some of the more experienced traders would be willing to share their experience and success with using pivot points for entering and exiting trades.

    1. Do pivot points work for all currency pairs with some level of reliability in excess of 50%?

    2. Would you be willing to share two strategies that take advantage of pivot points?

    3. Last, how are pivot point set-ups used in practice?

    I thank all the experienced traders in advance for taking the time to reply to this post.