These are the top 5 profitable uses for the Pivot Points when trading and investing.

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The Pivot Points are support and resistance levels, taken from the open, high low and close (OHLC) of the previous trading period. They are powerful levels which can be used to trade directly, or make indirect trading decisions from.

#Pivots #indicators
00:00 Intro
00:58 1: Reversal trading
01:29 2: Breakout trading
02:10 3: Stop loss placement
02:46 4: Profit taking
03:32 5: In conjunction with support and resistance