Pivot Point Trading in Forex

Pivot Point kia hota hai

Pivot point aesa point hota hai jis ky across market movement kerti hai kabhi pivot point sy market up movement kerti hai tou kabhi pivot point sy down movement kerti hai lehaza agar ham pivot point ko calculate ker lety hain tou phir jab market pivot point ko cross ker ky downward ya upward movement ker jati hai tou phir ham reverse direction main trade open ker sakty hain ky market again and again same pivot point ko cross kerti hai so jab aik taraf ko movement ho jati hai tou phir market reverse ho ker pivot point ko cross kerty huey other direction main bhi zarur movement kerti hai jo hamary pas trade open kerny ka best chance hota hai ky ham trade open ker ky profit hasil ker sakty hain



Pivot Point Calculation Formula

Maximum traders forex market main pivot point per trade kerty hain kyun ky pivot point aik aesi trading strategy hai ky agar traders just pivot point ko follow keryt huey trade kerty rehain tou profit bhi hasil hota rehta hai so bahot zaruri hai ky her trade open kerny sy pehly market ki movement per pivot point ko find ker lia jaey ky jis ky liay hamain pata hona chahiay ky pivot point kia hota hai aur isko kis terha sy calculate kia jata hai so pivot point ko calculate kerny ka tareeqa following main discuss kerty hain

Pivot Point = (High + Low + Close) / 3
Resistance 3 = High + 2×(Pivot - Low)
Resistance 2 = Pivot + (R1 - S1)
Resistance 1 = 2 × (Pivot - Low)
Support 1 = 2 × (Pivot - High)
Support 2 = Pivot - (R1 - S1)
Support 3 = Low - 2 × (High - Pivot)




Pivot Point per Trade kerny ka Tareeqa

Jab market pivot point ko cross ker ky support level per ponch jaey tou wahan per market main buy main trade enter ker leni chahiay lekin sath main apni open ki jany wali trade ko secure kerna bhi zaruri hota hai ky agar same support ko market break kerti bhi hai tou bara loss na ho isi terha agar market pivot point ko cross ker ky resistance level per ponch chuki ho tou wahan sy sell main trade open ki ja sakti hai ky market agar resistance sy reverse hoti hai tou aesy time per profit hasil ho sakta hai lekin breakout per stop loss set kerna bhi bahot zaruri hai warna account wash bhi ho sakata hai

Re: Pivot Point Trading in Forex

WHAT IS A PIVOT POINT?

A pivot point is a is a technical indicator used by forex traders as a price level gauge for potential future market movements. The pivot point indicator is used to determine trend bias as well as levels of support and resistance, which in turn can be used as profit targets, stop losses, entries and exits.
Pivot point example:
HOW TO CALCULATE PIVOT POINTS

The calculation for the most basic flavor of pivot points, known as ‘floor-trader pivots,’ along with their support and resistance levels:
Pivot point formula
Pivot point (PP) = (High + Low + Close) / 3
First resistance (R1) = (2 x PP) – Low
First support (S1) = (2 x PP) – High
Second resistance (R2) = PP + (High – Low)
Second support (S2) = PP – (High – Low)
Third resistance (R3) = High + 2 (PP – Low)
Third support (S3) = Low – 2 (High – PP)
There are other ways to calculate the pivot point, which is available on most trading platforms and can be extended through different time frames. The support and resistance levels will be calculated as above. Below is an example of what is offered on the IG trading platform for daily pivots. The same calculation can be made for weekly or monthly pivots too:
How did the pivot point calculation come about?
Up until recently, computers were not available on a mass scale. Therefore, market makers and floor traders needed a way of determining whether price was ‘cheap’ or ‘expensive’ on a relative basis. From a simple mathematical calculation, pivot points were born.
Traders simply took the high, low, and closing price from the previous period and divided by three to find the ‘pivot.’ From this pivot, traders would then base their calculations for three support, and three resistance levels.
HOW TO USE PIVOT POINTS IN FOREX TRADING

Pivot points are used by forex traders in line with traditional support and resistance trading techniques. Price tends to respect these levels as they do with support and resistance. Pivot point price levels are recurrently tested which further substantiates these levels.