Andrew Peters – Trading Pivot Points
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You want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
Andrew Peters â Trading Pivot Points
Pivot points are rarely understood and even rarely used by the Forex trader. The first chapter explores the question, âWhat are Pivot Points?â and the reasoning behind why Pivot Points work so well and so consistently well. In the second chapter, I explain in detail how you can use Pivot Points for entry, exit, stop loss, and limit orders. The third chapter covers timing and when to trade Pivot Points.
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