What is Pivot?

hello all… i have been looking at dailyfx singals from dailyfx plus, they always use pivot for buy and sell point… what is pivot and how do i use it? the pivot indicator i have for my fxcm trade station II is not “lines” but “dots”… dailyfx is “lines” instead…

thanks

Take a look here:

Pivot Points - 8th Grade: Pivot Points - Beginner’s Guide to Forex Trading, Free Forex Education, Learn to Trade Forex, Forex Training - BabyPips.com

You might want to go through the whole course (it’s free), rather than just blindly following signals when you don’t know what they’re for.