pivot extension trading starategy kia hoti hy

Pivot Extension Trading Starategy kia hoti hy

Pivot Extension Trading Strategy ek technical analysis-based trading strategy hai, jismein traders pivot points ka istemal karte hain aur price movement ke extensions ko target karte hain. Is strategy mein, traders pivot points, support and resistance levels, aur price action patterns ka istemal karte hain. Pivot Extension Trading Strategy ki working aur steps neeche diye gaye hain: 1. Calculate Pivot Points: Sabse pehle, traders pivot points ko calculate karte hain. Pivot points support aur resistance levels provide karte hain, jisse traders price movement aur trend ka analysis kar sakte hain. Pivot points ko calculate karne ke liye, traders previous day's high, low, aur close price ka istemal karte hain.2. Identify Trend: Traders ko trend ko identify karna zaruri hai. Agar bullish trend hai, toh traders buy positions target karte hain. Agar bearish trend hai, toh traders sell positions target karte hain. Trend ko identify karne ke liye, traders trend lines, moving averages, aur price action patterns ka istemal karte hain.3. Wait for Price Retracement: Jab trend identify ho jaye, traders price retracement ka wait karte hain. Retracement mein price temporarily reverse hota hai trend ke against, jisse traders entry points ko dhundte hain. Retracement ko identify karne ke liye, traders support and resistance levels, Fibonacci retracements, ya moving averages ka istemal karte hain.4. Identify Extension Levels: Retracement ke baad, traders pivot extension levels ko identify karte hain. Pivot extension levels previous day's high, low, aur close price ke based hote hain. Ye levels price movement ke extensions ko represent karte hain, jisse traders target levels ko determine kar sakte hain.5. Entry Points: Jab price extension level reach karta hai, traders entry points ko determine karte hain. Entry point ko determine karne ke liye, traders stop loss aur target levels ko set karte hain, taki risk management ka dhyan rakha ja sake. Traders buy positions lete hain jab price trend bullish direction mein move karta hai aur sell positions lete hain jab price trend bearish direction mein move karta hai.6. Risk Management: Pivot Extension Trading Strategy mein risk management bahut important hota hai. Traders apne positions ke liye stop loss levels set karte hain, taki losses control mein rahein. Risk-reward ratio ko bhi dhyan mein rakha jata hai, jismein potential profit aur potential loss ka ratio decide kiya jata hai.Pivot Extension Trading Strategy ka fayda market conditions aur dusre factors par depend karta hai. Is strategy ka istemal karne se pehle, aapko market conditions ko samajhna aur dusre technical analysis tools ka istemal karna zaruri hai. Demo account par practice karein aur apne trading strategy ko backtest karein, taaki aapko strategy ke performance ka idea mil sake. Risk management ka dhyan rakhein aur apne goals aur risk tolerance ke hisaab se strategy ko customize karein.Main Avatar