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by Kathy Lien, FREE Forex Report - For many years, traders and market makers have used pivot points to determine critical support and/or resistance levels. Pivots are also very popular in the forex market and can be an extremely useful tool for range-bound traders to identify points of entry and for trend traders and breakout traders to spot the key levels that need to be broken for a move to qualify as a breakout. In this article, we'll explain how pivot points are calculated, how they can be applied to the FX market, and how they can be combined with other indicators to develop other trading strategies. Calculating Pivot Points By definition, a pivot point is a point of rotation. The prices used to calculate the pivot point are the previous period's high, low and closing prices for a security. These prices are usually taken... [read full story]
to Josh Marshall. Because your last sentence really got me: "Blasting their elected Democratic officials, the vast majority of whom will vote for the Senate bill (and would also support a more robust public option if we didn't...
Fun and games all round it seems. Still, if one accepts how the Australian Labor Government is prepared to go to support strategically incompetent coal shovellers exporting carbon emissions for off shore destinations, I imagine...
Lorena Ochoa of Mexico poses with her Player of the Year trophy after the final round of the LPGA Tour Championship on Monday at Houstonian Golf and Country Club in Richmond, Texas. Those three words summed up both the...
NEW YORK - (PTSD News) - Karl Rove announced today on Fox News that the Republican strategy to shift the blame for all of America's woes from anything the Republicans may have caused to Obama and the Democrats is a complete...
