Nathaniel Joshua P452_ Perez

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How do pivot points guide forex traders?

Pivot points calculate intraday support and resistance based on prior high, low, and close. Institutions incorporate them into automated execution, while retail traders use them to frame daily strategies. Benefits: objective levels respected across markets. Risks: less effective in strongly trending environments. Pivot points work best for intraday traders, offering predefined targets and stops. They simplify planning, ensuring traders approach each session with structured expectations rather than guesswork. Pivot points are like road signs—helpful guides in forex’s fast highways.