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The pivot point indicator is the easiest of all the forex technical indicators. If you find other trading indicators difficult or you're a new forex trader, pivot points are perfect for you! Forex trading expert, Andrew Lockwood (from Forex Signals) is going to explain exactly how easy it is to master and use pivot points. Every day, with just a few simple numbers, the pivot point line and support & resistance lines will be drawn for you. These can be used for profit taking, stop loss, and much more! Andrew has also also developed a free pivot point indicator cheatsheet with all the info in this video summarized! 00:00 - Introduction to the Pivot Point Indicator 02:01 - What are Pivot Points? 02:49 - How to Calculate Pivot Point Lines 05:26 - How to use the Pivot Point Indicator 06:34 - Pivot Point Lines as Take Profit Targets 08:14 - Using Pivot Points for Counter-Trend Entries 09:14 - Using Pivot Points for Entries on Breakout 10:20 - Pivot Point Lines for Stop-Loss 11:11 - Using Pivot Points to Stay Out of Bad Trades 12:18 - How to Use a Pivot Point Calculator 13:45 - Pivot Point Indicator Demonstration 17:12 - Outro 💸 Become Financially Free By Learning How To Trade here: 👉 https://to.howtotrade.com/x9q RECOMMENDED BROKERS: 🏅Switch Markets - https://to.howtotrade.com/ixx 🏅Oanda (US & Canada) - https://to.howtotrade.com/lx6 The best VPS for algo traders: 📀 The Best VPS for EA Traders - https://to.forexvps.net/yt-home OUR SOCIALS: 📸 Instagram - / howtotradecom 📘 Facebook - / howtotradecom ♪ TikTok - / howtotradecom ↗️ Telegram - https://t.me/forexsignalscom 🐦 Twitter - / howtotradecom 🟦 Linkedin - / howtotradecom 1,800+ REVIEWS ⭐⭐⭐⭐⭐ 💚 Trustpilot - https://www.trustpilot.com/review/for... AFFILIATE PROGRAM 💰Earn money with our leading affiliate program: https://howtotrade.com/affiliate-prog... FREE TRADING EDUCATION: 📩 Free Weekly Forex Forecast - https://to.howtotrade.com/ica 📩 Free custom trading tools for all types of traders - https://to.howtotrade.com/4jv 📩 Join our free monthly NFP special live event - https://to.howtotrade.com/e8l 📩 Free library of trading Cheat Sheets - https://to.howtotrade.com/fix 👩🏫 Learn more about Chart Patterns - https://to.howtotrade.com/mbs 👩🏫 Learn How To Trade with 100% Free Courses - https://to.howtotrade.com/atn 👩🏫 Learn more about trading Forex Strategies - https://to.howtotrade.com/0cq The information provided in this video is intended for educational purposes only and is not to be construed as investment advice. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. There is a possibility you could sustain losses of some, or all of your initial investment and therefore seek independent financial advice if you have any doubts. ** Our team of coaches will never contact you directly outside of the Trading Room. If any person(s) contacts you via Social Media platforms offering account management or asking for payment, this is not HowToTrade and should be ignored. *** This video and the video description may contain affiliate links, meaning HowToTrade.com will get a commission if you decide to make a purchase or trade through our links, at no cost to you.