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Thursday, August 21, 2008

People asking:

Why so many differant pivot levels you can fined?

My answer:

It's nothing perfect in FOREX, but in a few words, pivot point is a level in which the sentiment of traders and investors changes from bull to bear or vice versa.
You can toalk about one North and other one South
Differant time frames have differant pivots
It can be Standart, Fibonaaci, Camarilla , Woodie's, DeMark's and OHLC

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