Pivot Point Trading in the Foreign Exchange Market - A Test for Market Efficiency
The foreign exchange (FX) market is today the world’s broadest, most active, financial market. One of many technical analysis techniques amongst professional FX traders, trying to narrow down the best entry and exit points in this market, is to utilize pivot points. The ability of this technique has, as far as we know, never been rigorously evaluated. In collaboration with the Malmö-based hedge fu
