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Pivot Analysis
is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day
Profit Calculation
In live Forex trading, having a solid understanding of your profit and loss (P&L) potential at any given time is a must. It is simply not enough to place a trade and hope for positive results. Quantifying the upside of an open position, as well as its downside liability, is a great way to ensure consistent and responsible risk management.