It's time to talk about pivots.  Throughout the day, the market is constantly giving you information.  Guess what! That information is pivots.  Pivots can help you form your own support and resistance levels.

Defining A Pivot

A pivot is a high or low point in the market.

Combining Pivots Into Levels

Overlapping high and low pivots can be combined to form a key support and resistance level.

BreakOut Pivots

A breakout pivot is pivot that was previously a high or low, that was recently breached. After the pivot is clearly breached, we expect it to become support in the case of a breakout up, or resistance in the case of a breakout down.  These can present very nice entries with low risk and high reward.

Screenshots and further content is coming soon.  Thanks for your patience!