Sentences with phrase «use daily pivot points»

For day traders, who use daily pivot points, using the 5 - minute to hourly chart is most reasonable.

Not exact matches

However, I personally believe that the best way to use them is to trade the 15 Minute to 1 Hour charts with the daily pivot point information.

Swing traders might use weekly pivot points would be best to apply the strategy on the four - hour to daily chart.

Position traders would probably best be suited to use monthly pivot points on either the daily or weekly chart.

These prices are usually taken from a stock's daily charts, but the pivot point can also be calculated using information from hourly charts.