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Why Use Pivot Points?
If you're going to trade, you really need to understand support and resistance (S/R) - that's just the way it is. Commercial traders recognize this. And, as you might already know, commercial traders dominate the Forex. Why? Because commercial traders have at their disposal the kind (i.e.: "amount") of money capable of moving this market. So, what's important for you to know is they heavily rely on support and resistance levels. This being the case, "it's elementary, dear Watson" that in order to succeed, we, the traders with accounts of less than a bazillion dollars, should follow the commercial traders' collective ... (full story)
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