How We Can Find Out The Pivot Point

[saidzback]

Trading with pivots is a very good idea and many traders are making big profits through the use
of this strategy. But, traders should be aware about the lines of resistance and support should
not be treated as lines, but as zones. the resistance could be done after crossing the lines identified.
Pivots trading is a good approach to predict the evolution of the pairs and to decide the good trade to do

[rrdevmurari]

pivot kya hota hai ye to aaj tak mujhe forex me rah kar pata nahi chala hai par ye sab forex me expert logo kakam haoi hum jese new forex tradersmko pivot se kya lena dena hota hai hume to bas forex me simple moving average ka use karana hi sikhana hai bas usse jyad akoi jarurat nahi hai mahare liue

[hakim2016]

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
thank you sie for this interesting toipc

[zahid1125]

Always the indicators is easy for all kinds of following and newbies all the more use RSI MACD frequency oscillator support and resistance option read and members of the trading community, follow these tips support and great effort by the resistance level to open their trade

[nadeem66321]

you know the statistics you can get your povots 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. and usually decide on the last day low close high and open and once .

---------- Post added at 11:28 AM ---------- Previous post was at 11:25 AM ----------

you can use them as your stop and profit target after you determines the trend adn find entries with the dominant trend.and usully decied on the last day low high and open and once. you can get your povots for the next day to trade

[javed415]

dear friedn ap naian beray he achay tareekay say pivote pointt ko biyaan kiya hai is say huamain pta chlta hai k pivote point ko kaisay read kerna chai and hum is say kaiasya faida ahsil ker skatay hiana and is say aksiay tarde ko plus point main law sakaty hian.

[tradingblossoms]

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.

[forexlive]

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

bikul pivot point ek acha tool hai jis ko hum day trading mai use karte hai pivot point ko bhout hee interbanks and big trader follow karte hai fer pivot point ki help se wo trde laga te hai es tara agar app pivot point ko apne startegy mai use karte hai tuh acha hai ...

[uwk]

The focal point defined by the indicators used by and is a very important point because through you select a bargain price and trend either rise or decline, and determines which of the sale, purchase or deal

[fsr333]

The pivot point is a very helpful system. Pivot levels work as support and resistance levels. It is very profitable if we can use it properly. Support and resistance are always a good system. We can find pivot point calculator online and we can also find pivot point indicator. And we can also make one calculator by spreadsheet using the calculation formula.