Floor Trader Pivot Strategy

Floor trader pivot calculator calculate pivot levels for any trading instrument.

Floor trader pivot strategy.

Pivot points are also know as floor trader pivots or pivots or floor pivots or session pivots. Pivot point data can also extend out to support 1 2 and 3 levels or resistance 1 2 and 3 levels. Trading with pivot points is the ultimate support and resistance strategy. How to trade with pivot points the right way.

I am only focusing on the pivot itself a future article will include the formula s for those levels and use to find range expansion. The market is considered bullish when it s above the central pivot. They define an equilibrium point considered a neutral market called the pivot point or central pivot. If you want to take full advantage of the power behind the pivot points.

Depending on the type of pivot formula used you can generally generate and use up to 9 levels. Floor trader pivots are support resistance levels that floor traders have used in the pits of the exchanges for many years. These are the places where traders expect support and resistance to occur in the market and as such are used as entry and exit points for trades. You need to learn how to trade with pivot points the right way.

The market is considered bearish when it s below. Pivot system support and resistance explained. Floor traders and other professionals who do the actual buying and selling of futures contracts in the trading pits of the exchanges generally employ very similar systems for valuing the price of these instruments in.