Pivot point trading is a forex strategy that relies on probability to identify potential trading opportunities. Key statistics include various support and resistance levels, with chances of hitting or closing inside the pivot point. Traders are advised to use additional analytical tools, such as chart patterns and oscillators, to inform their trades rather than relying solely on pivot points.

1. Pivot Point Trading
Pivot Point Trading is like most other Forex
trading strategies, it is based on probability
Here are the statistics you should be aware of...

2. Support 1 (S1) 76%
12%
33%Support 2 (S2)
Support 3 (S3)
Pivot Point
Resistance 3 (R3) 12%
76%
76%
33%Resistance 2 (R2)
Resistance 1 (R1)
Chance Of Hitting Pivot Point

3. Support 1 (S1)
Support 2 (S2)
Support 3 (S3)
Pivot Point
Resistance 3 (R3)
Resistance 2 (R2)
Resistance 1 (R1)
Chance Of Closing Inside Pivot Point
94%
82%
56%
56%
82%
94%

4. Produced by
Pivot Points help identify potential opportunities
but should not be traded blindly
Common tools to assist trade entry are:
• Chart patterns
• Candlestick reversal patterns
• Overbought/Oversold oscillators
• Divergence
Pivot Point Trading