http://www.all-about-finance.info/?p=5823 Personal Finance Articles Q&A and Video Tue, 15 Jun 2010 09:33:31 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.all-about-finance.info/?p=5823&cpage=1#comment-23644 no nickname Fri, 05 Feb 2010 19:44:56 +0000 http://www.all-about-finance.info/?p=5823#comment-23644 Piece of advice...stay away from forex trading. Why ? Because it is a scam and all they want is your money. They make it sound easy but it is not easy. Do your homework. Piece of advice…stay away from forex trading. Why ?
Because it is a scam and all they want is your money.
They make it sound easy but it is not easy. Do your homework.

]]> http://www.all-about-finance.info/?p=5823&cpage=1#comment-23641 4XTrader Fri, 05 Feb 2010 09:55:55 +0000 http://www.all-about-finance.info/?p=5823#comment-23641 First of all, "no nickname" is clueless. He probably had 1 bad experience in FX trading and considers it a scam. It's like going out on 1 bad date and now dating is a scam? Please. Second, Uman needs to read the news. With real estate declining (and quickly by several comments from people that have worked in the industry for decades) I'm sure he's going to get burned soon. Flippers and r.e. investors are starting to lose money. With house values declining and new home builders offering incentives to sell their homes, r.e. investors are getting taken to the cleaners. Alas, none of them answered your question. A pivot point is not exclusive to the FX markets. You can use pivot points in stocks, futures, etc. A pivot point is a calculation based on the high, low & close price of the previous day. A pivot point is a "possible" point where prices could turn. Or if prices exceed that point, then it could act as potential support/resistence (depending on which way the market is moving). If prices fall below the pivot, then it could now act as resistence. If prices rise above the pivot, then it could now act as support. First of all, “no nickname” is clueless. He probably had 1 bad experience in FX trading and considers it a scam. It’s like going out on 1 bad date and now dating is a scam? Please. Second, Uman needs to read the news. With real estate declining (and quickly by several comments from people that have worked in the industry for decades) I’m sure he’s going to get burned soon. Flippers and r.e. investors are starting to lose money. With house values declining and new home builders offering incentives to sell their homes, r.e. investors are getting taken to the cleaners.
Alas, none of them answered your question. A pivot point is not exclusive to the FX markets. You can use pivot points in stocks, futures, etc. A pivot point is a calculation based on the high, low & close price of the previous day. A pivot point is a “possible” point where prices could turn. Or if prices exceed that point, then it could act as potential support/resistence (depending on which way the market is moving). If prices fall below the pivot, then it could now act as resistence. If prices rise above the pivot, then it could now act as support.

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