pivot point price action trading strategy

Dear friends forex me Pivot Point forex trading mein aik bohot important aur powerful tool ha. Pivot points ki madad se ya pata chal jata ha kay market mein potential wapas hony walay points konsay hain. Aisi market jis mein uncertainty ho, us market mein pivot points bohot madadgar sabit hotay hain. Pivot points ki madad se ye bhi pata chalta ha kay market sentiments bullish se bearsh ya bearish se bullish ho gaye.



Formula For Pivot Point

Basic simple pivot ponit maloom karnay kay liye previous high, low aur close ka pata hona chahiye, jis ko is formula mein put kar kay pivot point mil jata ha; P.V=High+Low+Close/3. Is kay sath reistance, support ka bhi pata hona chahiye.



agr example Kay hawaly sy baat kren to market jab bhi Support ya Resistance ye wapas ay gi to ye pivot point tay karay ga kay market ki next movement kiya hogi. Agar Resistance se wapas honay kay baad pivot point ko cross kartay huay market na support ko break kiya, to ye strong sign ha kay bearish movement start hogai aur ye movement jari rahay gi. Isi tarhan agar support se price wapas ho kay pivot point ko cross karti hui resistance ko break kar gai, to ye bullish sign ha aur bullish movement jari rahay gi



How to Locate Pivot Point

point ksi bhi trading pair kay center ki price ko bola jata hay mean kah agr eurusd ka pair ki price market open hoty time 1.1500 pr hay aor 4,5 hours kay bad eurusd ka pair ki price 1.1570 tk chli jati hai to yah jo nechy wala level aor up wala price level yah support aor resistance kahlty hian aor hr trading pair up aor down price kar kay phr aik price py a kar break karta hay to woh price aksr aoqat dakha gia hay woh trading pair ki price ki center wali hi price hoti hay to ab eurusd ka pivot point woh price kahlay gi mtlb kah eurusd up aor down movement kar kay phr 1.1535 ya 1.1545 tk phr bak price ki trf a jata hay to yah center wali jo price hay yah pivot point kahlata hay aor yah main point hota hay is ko trader nay agr smjh lia to trader forex trading market main bhtreen profitable trading kar pata hay.



Benifits of Using Pivot Point trading

Pivot point market me potential turning points ko determine kar sakta hay, market bullish to bearish ya bearish to bullish trend me agar change hony waly ho to pivot point indicator simply indications key base par esy levels ko define kar sakta hay, esy levels ki information bahot zarori hay jaha se market key reverse aur trend key change hony key chances hon.

Re: Pivot Point Price Action Trading Strategy

yes dear, Pivot point ko technical anaylisis indicator consider kia jata hay, ya aisi calculation par mabni hota hay jo different time frames main market kay overall trend ko determine hay, pivot point simply intraday kay high, low aur previous trading day ki closing price ki average hoti hay, is main pivot sa above trading current bullish sentiments ko show karta hay aur pivot sa down trading bearish sentiments ki show karti hay,

indication of support and resistance:






pivot point ko aik indicator ki base consider kia jata hay jab kay is main support aur resistance bhi involve hotay hain, ye iski calculations kay liay kafi zaruri hotay hain, ye hmain pairs ki prices ki support aur resistance ki confirmation daitay hain, jab prices support aur resistance levels sa pass karti hain to ye trader ko trend ki direction main moment ko identify karta hay, traders pivot point ki calculations ki base par entry, stop aur profit taking levels ko identify kartay hain,

Benifits of pivot Point:



Pivot point market me potential turning points ki janch kar sakta hay, market bullish sa bearish ya bearish sa bullish trend main change honay wali ho to ye indicator iski indications ki base par aisay levels ko identify kar sakta hay kiun kay aisay levels ki information bahot zarori hay jahan say market kay reverse aur trend kay change honay kay chances hon,

how to calculate pivot point:




pivot point ko calculate karnay ka ye formula hota hay,
P = (High + Low + close) / 3
R1 = (P x 2) - low
R2 = P + (High - Low)
S1 = (P x 2) - High
S2 = P - (High - Low)

yahan P pivot point, R1 first Resistance, R2 second Resistance, S1 support1 aur S2 support2 hain, ye un levels ki jaanch karta hay jin main market bullish sentiment sa bearish main change hotay hain, pivot point charts par add kia jata hay aur is kay levels auto par calculate bhi hotay hain, market kay close honay kay baad aur next day open honay sa pehlay specific day kay high aur low point select karnay chaian, us kay baad close, high aur low ko add kar kay three sa divide kartay hain, us kay baad supports aur resistance maloom kartay hain, traders pivot points ko use kar kay apni trades kay liay advance main planing kar saktay hain