Pivex Guides
Guides and explainers for funded traders:
challenges, risk, payouts, and market literacy.
The Keltner Channel: Construction, Reading, and Trading Use
Short answer: a keltner channel plots an exponential moving average with two bands set a multiple of average true range above and below it. The standard setting is a twenty period EMA with bands…
Natural Gas Trading: Why It Moves, How to Trade It, and How to Survive It
Short answer: natural gas trading means taking a position on a commodity whose price is driven by weather, storage levels and production, and which is one of the most volatile widely traded…
Onchain Prop Firms: What They Are and What to Check Before Joining
Short answer: an onchain prop firm runs some part of its evaluation, accounting or payout process on a blockchain rather than entirely on internal systems. The claimed benefits are transparency…
Pivot Points Trading: Calculation, Levels, and Practical Use
Short answer: pivot points are a set of horizontal support and resistance levels calculated from the previous period's high, low and close. The central pivot is the average of those three prices,…
What is Position Trading? A Complete Guide for Traders
Short answer: position trading is a long-term trading style where positions are held for weeks, months, or longer, based on a view about the primary trend rather than short-term price movement. It…
The Ultimate Guide to the RSI Indicator: Understanding and Using It for Trading Success
Short answer: the rsi indicator, short for relative strength index, is a momentum oscillator that compares the average size of recent gains with the average size of recent losses and scales the…
Stop Hunt Trading: What Really Happens and How to Position Around It
Short answer: a stop hunt is a move that pushes price through an obvious level, triggers the stop-loss orders resting there, and then reverses. Whether it is deliberate market manipulation or…
The Trading Checklist: What Belongs on It and How to Actually Use One
Short answer: a trading checklist is a short, written set of conditions you verify before, during and after a trade. Its purpose is not to find setups. It is to stop you taking the ones you…
Trend Reversal Patterns: The Ones That Matter and How to Read Them
Short answer: trend reversal patterns are chart formations that mark the point where a trend stops making progress and the opposite side takes control. The reliable ones share a single property:…
What Is a Long Position in Trading? Mechanics, Risk, and Practical Use
Short answer: a long position means you own exposure that profits when the price rises and loses when it falls. You buy first and sell later. It is the default direction most people assume trading…
The Wyckoff Method: Market Phases, Supply and Demand, and How to Apply It
Short answer: the wyckoff method is a framework for reading markets through supply and demand, developed by Richard D. Wyckoff in the early twentieth century. It organises price into four market…
The ATR Indicator: Understanding and Utilizing Average True Range in Trading
Short answer: the ATR indicator measures how much an instrument typically moves over a given period. It averages the true range, which is the largest of three distances: the current high to low,…