Using Pivot points to trade intraday forex

glide

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One of my main methods is using the pivot points to enter and exit trades. I use MT4 for charting and have the daily, weekly and monthly pivot lines on the chart. (they are available seperately from MT4).
The method is easy and unambiguous as all traders will see the same numbers and respond. The basics are sell resistance and buy support (R1, S1 etc) and use them to exit too. My blog has more precise instructions and videos, and on the whole I pretty much make most of my dosh using this method.
GT
 
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