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Pivot points are used by chartists to determine directional movement, resistance, and support in trading. They can be said to be predictive or leading indicators.

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Q: What are pivot points used for?
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Related questions

What is the purpose of the pivot point calculator?

A pivot point calculator is a tool used by traders to determine potential support and resistance levels in the financial markets. It calculates pivot points based on the previous trading period's high, low, and closing prices to help traders identify key levels that can inform their trading decisions.


How many pivot points are in the body?

7. :P


Where are the pivot points on brake levers?

i don't know.......hAHAHAHHHAHAHHAHAH


Imaginary line through the center of the upper and lower pivot points?

Caster


What imaginary line through the center of the upper and lower pivot points?

Caster


Can pivot 2.2.5 sprites be used on pivot 3 beta?

Yess Yess


What are the softwares that can create pivot table?

Software used to create pivot tables include XLSTAT Pivot software and XLSTAT-Pro.


What is complex lever?

A complex lever is a type of lever system that involves multiple pivot points or points of support. Unlike a simple lever, which has a single pivot point, a complex lever can have multiple points where forces are applied or resisted. This design allows for greater control or manipulation of forces in different directions.


What are the pivot tables normally used for?

Pivot Tables help you organize and sort data. They are easier to use for summary and analysis than a plain spreadsheet. Pivot Tables are used in Microsoft Excel programs.


What are the factors that influence the deflection of a beam?

Its width, depth, length the material that it is made from, the points of support


What is a pivot point used for?

to see venus


Can you do a vlookup on multiple pivot tables?

VLOOKUP can be used on Pivot Tables, so it is possible, but it depends on what exactly it is you want to do.