How We Can Find Out The Pivot Point

[khurram9952]

When calculating pivot points, the pivot point itself is the primary support/resistance. ... If the pivot point price is broken in an upward movement, then the market is bullish. If the price drops through the pivot point, that is bearish. The second method is to use pivot-point price levels to enter and exit the markets

[Vinita]

Hello mate! There is a formula in Forex trading market to find the pivot points of market and you can find this formula on Google. You can search this formula on Google and you can also use indicators to find pivot points. There are some indicators available and you can search those indicators on Google also and download them. Those indicators will give you the pivot points and support and resistance levels on daily basis.

[Facebook]

Most of the New Forex traders are always try to open their trade by Following the Indicators and most of the newbie’s use RSI , MACD , Accelerator Oscillator etc. But I think if they can find out the pivot point and use this in their trade then it will be better than those Indicators. So in below I described how to find out the Pivot Point and How to open a trade by depending on Pivot Point.

Fundamentals about Pivot Point

For Finding the Pivot Point we need to identify two major things with H1, H4, and D1 time frame.
Such as -

1. Support
2. Resistance

For identifying the value of Support and Resistance we need to aware about some things and those are-

1. What is the High price of Previous day
2. What is the Low price of Previous day
3. What is the Closing price of Previous day

Mathematical Calculation of Pivot Point

P.P. = Pivot Point
R1 = Resistance level One :: S2 = Support level Two
R2 = Resistance level Two :: S1 = Support level One
R3 = Resistance level Three :: S3 = Support level Three
So now the Pivot Point will be …

Pivot Point = (Previous Day High Price + Previous Day Low Price + Previous Day Closing Price) / 3

Calculation of Resistance 1 and Support 1 ( R1 & S1 ) :

R1 = (2 x P.P.) – Low price of Previous Day
S1 = (2 x P.P.) – High price of Previous Day

Calculation of Resistance 2 and Support 2 ( R2 & S2 ) :

R2 = (P.P. – S1)+ R1
S2 = P.P. – (R1– S1)

Calculation of Resistance 3 and Support 3 ( R3 & S3 ) :

R3 = (P.P. – S2) + R2
S3 = P.P. – (R2– S2)

Market Prediction based on The Pivot Point :

Now after finding the Pivot Point if we see that the market Price is above of P.P. (Pivot Point) then we can predict that the market is uptrend and if the market price is below than the P.P. then we can Predict that the market is downtrend.

Pivot Point with Bearish Movement

Attachment 14023

Pivot Point with Bullish Movement

Attachment 14024

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[javedqasim]

Pivot point is very usefull system jysy he hm trading start krty hn is strategy k toor par use kr skty hn mostly big traders isko use krty hn or ya bht profitable hota h

[amnajamil01]

Thnx for this useful and informative post .Pivot points usually decide on the last day low close high and open and once you know the statistics you can get your pivots for the next day to trade and you can use them as your stop and profit target after you determines the trend and find entries with the dominant trend...

[babar hanif]

pivot point ki madad sy ap forex main achi trading kar sakty hain thanks bro btany k leye ,jo loog loss main rehty hain wo ye tarika istimal kar sakty hain apni jeet k leye

[Qasimraza]

In financial markets, a pivot point is a price level that is used by traders as a possible indicator of market movement. A pivot point is calculated as an average of significant prices (high, low, close) from the performance of a market in the prior trading period
We here at ********.com also have our very own Pivot Point Calculator! The forex pivot point calculator can come in handy, especially if you want to do a little back testing to see how pivot point levels have held up in the past. Remember, one of the advantages of using pivot points is that it is objective, so it's very easy to

[Bilalahmed]

Pivot point may refer to: Pivot point, the center point of any rotational system such as a lever system the center of percussion of a rigid body or pivot in ice skating or a pivot turn in dancing Pivot point (technical analysis), a time when a market price trend changes direction.

[azharahmad]

je agar huma lagtya ka huma pivot point ke zaroorat ha tu hum net say bhe us ko download kr kar ka bhe hum apne trading kr sakhta ha or us ka help say hum acha bonus be kamata hain

[sajjad1974]

Pivot points last day low, close and high and open and once you know the statistics you can get your pivots point for the next day to trade and its help to find the support price of the day and ristance level for the day. But dont much rely on it. I have lost much on follow this.