Recent content by Sunil Mangwani

The Pivot point system is a technique developed by floor traders, to help ascertain where the price is relative to previous market action. It can be classified as a technical indicator derived by calculating the numerical average of the high, low and closing prices, of any currency / index /...

If there is one thing that a trader would want to know for certain, it would be to catch the bottom or top of a trend. But simple as it sounds, it is easier said than done. Knowing that a certain price wave is completed, or is just a retracement in the larger trend, becomes more of an art than...