Unconventional fundamental analysis. Part 3 - Page 73
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Thread: Unconventional fundamental analysis. Part 3

  1. #721
    It is interesting to read the thread and I find some interesting information. But the information confirms that we retail traders have very little information about fundamental analysis and this trading method is not suitable for retail traders. Retail traders should use technical analysis where they are strong and use technical strategies.

  2. #722
    Forex traders utilize pivot focuses to find potential support and resistance areas. They are levels where price cooperation may cause a reaction. Also, Pivot focuses assist traders with checking the inclination and opinion in the market over a given time interim. Pivot focuses were initially utilized by floor traders in the futures markets. Most floor traders were short term day traders in nature. Before the beginning of the morning session, many floor traders would ascertain the Pivot Points of the money related instrument they exchanged, utilizing the earlier day's high, low, and close.

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