Forex Pivot Points

What are pivot points? Professional forex traders and market makers use pivot points to identify potential support and resistance levels. Simply put, a pivot point and its support/resistance levels are areas at which the direction of price movement can possibly change.   The reason why pivot points are so enticing?   It’s because they are OBJECTIVE. Unlike some of the other […]

How to Trade Triangle Chart Patterns

A triangle chart pattern involves price moving into a tighter and tighter range as time goes by and provides a visual display of a battle between bulls and bears. The triangle pattern is generally categorized as a “continuation pattern”, meaning that after the pattern completes,  it’s assumed that the price will continue in the trend direction it was moving […]