profit earning strategy using fibonacci pivot points indicator

Profit earning strategy using Fibonacci Pivot Points Indicator

TRADING STRATEGY USING FIBONACCI PIVOT POINTS INDICATOR

Introduction Fibonacci Pivot Points ka istemal trading mein ek ahem strategy hai jo traders ko market ke trend aur price movement ko samajhne mein madad deta hai. Is strategy mein Fibonacci retracement aur pivot points ka istemal hota hai. Trading Strategy Yahan tak ke isko step by step samjhne ka koshish karte hain: Fibonacci Retracement Samjhain: Sab se pehle, Fibonacci retracement ko samjhna zaroori hai. Iska maqsad price movement ke trend ko samajhna hai. Is technique mein price movement ko ek series of ratios se divide kiya jata hai jo Fibonacci sequence se aate hain. Yeh ratios 23.6%, 38.2%, 50%, 61.8% aur 78.6% hote hain. In ratios ka istemal previous price movement ke high aur low points ko connect karne mein hota hai, jisse trend aur potential support/resistance levels pata chalte hain. Pivot Points Ki Ahmiyat Samjhein: Pivot points trading mein important hote hain, kyunki yeh previous trading session ke high, low aur close prices se calculate kiye jate hain. Yeh traders ko current session ke liye potential support aur resistance levels provide karte hain. Is tarah, traders ko pata chalta hai ke price kis direction mein ja sakta hai. Fibonacci Pivot Points Kaise Calculate Karen: Fibonacci pivot points calculate karne ke liye, pehle aapko previous session ke high, low aur close prices ka average nikalna hota hai. Uske baad, aap Fibonacci retracement ratios ka istemal karke potential support aur resistance levels calculate kar sakte hain. Yeh levels traders ko indicate karte hain ke price kis levels tak ja sakta hai. Trading Strategy: Fibonacci Pivot Points strategy ka istemal karne ke liye, traders ko yeh steps follow karne chahiye: Step 1: Pehle, previous session ke high, low aur close prices ko note karen. Step 2: In prices ka average nikal kar pivot point calculate karen. Step 3: Fibonacci retracement ratios ka istemal karke support aur resistance levels calculate karen. Step 4: Agar current price pivot point se zyada hai toh yeh ek bullish signal ho sakta hai aur traders long positions le sakte hain. Step 5: Agar current price pivot point se kam hai toh yeh ek bearish signal ho sakta hai aur traders short positions le sakte hain. Step 6: Fibonacci retracement levels ko bhi consider karte hue, traders ko entry aur exit points decide karne chahiye. Risk Management: Kisi bhi trading strategy mein risk management ahmiyat rakhta hai. Fibonacci Pivot Points strategy use karte waqt bhi aapko apni investment ko protect karne ke liye stop-loss orders ka istemal karna chahiye. Isse aap apni loss ko control kar sakte hain. Word of advice Is tarah, Fibonacci Pivot Points indicator ka istemal karke traders price movement ke patterns aur potential support/resistance levels ko samajh sakte hain, jo unhe trading decisions lene mein madadgar sabit ho sakte hain. Yaad rahe ke har strategy ki tarah, iska bhi istemal karte waqt practice aur patience ki zaroorat hoti hai.