Leveraging Pivot Points and Moving Averages for Short-Term Day #Trading

We talk about using pivot points as easy support and resistance levels for day trading, and how they are a good option for beginners compared to Fibonacci levels.

We also review whether to use a moving average or exponential moving average on a 5-minute chart, and recommend the exponential moving average for short-term trades because they puts more emphasis on recent prices to give faster signals.

You May Also Like