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Articles for: CBOE
Pivot points are an Indictor often used by floor traders or day traders as a quick and easy way to calculate resistance and support levels.
Mario La Marra
5 Oct, 2007
As a general baseline of analysis, history gives us an indication of how our markets will react at current levels.
I read a great quote over the weekend in the Astrology section of the Sunday paper. It said under my star sign that you have to measure the “freight costs of your ambition”. I thought what a great way of discussing the road to your outcomes. Like all things worthy of effort, learning to trade will have its fair share of trials and tribulations.
Markets go three ways – up – down – sideways. No need to state the obvious that recently the move has been up. The choices from here are still the same – up, down or sideways. What is more likely?
Few would disagree that the US markets are a precursor for most world markets and Australia is no different.
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