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Session levels are raw referencesPivot levels are derived levelsMany traders use both for different reasons
Key terms for this guide
These glossary pages cover the ideas and platform language most closely tied to this workflow.
Session levels are raw references
Prior-session highs, lows, opens, and closes show what the market actually printed. They are direct context levels with no extra formula layered on top.
Pivot levels are derived levels
Pivot studies calculate new reference prices from prior-session data. That can create a structured support-and-resistance framework, but it is a different workflow than watching the raw session map.
Many traders use both for different reasons
Session levels are often better for orientation and auction context. Pivot levels are often better when you want a cleaner ladder of projected reference prices for the current session.
