So in order to gauge what the standard deviation is, many professional traders use pivot point analysis because it is based on a testable method. ... most times using such conventional technical analysis techniques as traditional support and resistance trend lines, Fibonacci levels, ... as the CCI (commodity channel indicator), stochastics, and the MACD (moving average convergence/ divergence ) studies.
|Title||:||Candlestick and Pivot Point Trading Triggers|
|Author||:||John L. Person|
|Publisher||:||John Wiley & Sons - 2011-01-19|