Pivot Points

what is pivot?

Besides the Fibonacci indicator, the Pivot point is another indicator that is used by institutional traders. Similar to the Fibonacci indicator, the support and resistance level created by the Pivot points serve as a strong level of support and resistance.

For the Pivot levels, you can plot the daily pivot, weekly pivot and monthly pivot on the same chart. Do note that the power of the monthly pivot is larger than the weekly pivot and the power of the weekly pivot is also larger than the daily pivot.

Secret #2: Power of Indicators

The next secret to successful trading lies in the indicators that you are using as well as how you use them. Most traders do not know the nature of the indicators that they are using and therefore finds them useless to their trading.

My suggestion to you is to learn the various ways to use an indicator as well as learning how to fine tune them to suits your trading plan. Below are some of my favourite indicators and the way you can use them in your trading. So spend some time to go through them now.

Sorry me pivot poit kya he nehni janta.Please jo experience trader jante he ki pivot point kya he oh jarur batae.

Re: Pivot Points

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Re: Pivot Points

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Re: Pivot Points

For the Pivot ranges, you could plot the each day pivot, weekly pivot and monthly pivot on the identical chart. Do observe that the power of the month-to-month pivot is larger than the weekly pivot and the strength of the weekly pivot is likewise larger than the daily pivot.

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