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Why professional traders still use pivot points [Video]

In a market environment dominated by AI, algorithms and increasingly complex trading systems, many traders overlook one of the simplest and most effective tools available: Pivot Points.

For decades, professional traders on exchange floors and institutional dealing rooms have used Pivot Points to identify potential support, resistance and market turning points. While technology continues to evolve, the underlying principles of market behaviour remain remarkably consistent.

In this video, I explain why Pivot Points continue to work, how they are calculated, and why they remain an important part of my analysis after more than 44 years in the financial markets.

Sometimes the most effective trading tools are not the newest—they are the ones that have stood the test of time.

Youtube preview

Author

Carol Harmer

Carol Harmer

Charmer Trading

Carol Harmer has over 39 years experience of analysing and trading the world's markets and is undoubtedly one of the most respected technical trader in the world today.

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