Pivot Point Trading Strategy: Day Trading Key Levels
Pivot points provide objective daily levels. Learn a complete day trading strategy using pivots. Daily pivots as objective levels, with bounce and breakout.
Bounce Trade
Price approaches a pivot level. Wait for reversal candle. Enter with stop beyond level. Target next pivot.
Breakout Trade
Price breaks through pivot with volume. Enter on candle close. Stop back inside broken level. Target next pivot.
Best Practices
Daily pivots on 15m charts. Weekly pivots on 1H charts. Let opening range establish direction first 30 min.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70-80% of retail investor accounts lose money when trading CFDs. Backtesting does not guarantee future results. Always consider whether you can afford the potential loss of your capital.