Pivot Point TradingPivot Point Trading is like most other Forex trading strategies, it is based on probability

Here are the statistics you should be aware of...

Support 1 (S1) 76%

12%

33%Support 2 (S2)

Support 3 (S3)

Pivot Point

Resistance 3 (R3) 12%

76%

76%

33%Resistance 2 (R2)

Resistance 1 (R1)

Chance Of Hitting Pivot Point

Support 1 (S1)

Support 2 (S2)

Support 3 (S3)

Pivot Point

Resistance 3 (R3)

Resistance 2 (R2)

Resistance 1 (R1)

Chance Of Closing Inside Pivot Point

94%

82%

56%

56%

82%

94%

Produced by

Pivot Points help identify potential opportunities but should not be traded blindly

Common tools to assist trade entry are:

• Chart patterns• Candlestick reversal patterns

• Overbought/Oversold oscillators• Divergence

Pivot Point Trading