Technical analysis
Technical analysis is the art of analysing charts in order to try to predict future market movements.
12 Pins
·11mo
Camarilla pivot points
Camarilla pivot points were invented by trader Nick Stott in 2000. This formula helps determine price levels that are similar to pivot points, although many traders claim they are more effective. This strategy assumes that the market tends to return to a certain point of equilibrium that one might call the average, the pivot, etc. Based on this idea and using the Camarillia equation, it is possible to calculate 8 price points where trend changes are likely to occur.