Pivot Point Trading Strategy in forex trading..

Introduction

Pivot Point aesa point hota hai jahan per market reversal ky maximum chances hoty hain ky jab market pivot point per ponch chuki hoti hai tou wahan sy market ki reversal expected hoti hai ky agar ham pivot point ko find ker lety hain tou ham trade open kerny ky liay wait kerty hain ky jab market pivot point per ponch jaey tou wahan sy reverse order main trade open ker li jaey jis ky profit main jany ky bahot zyada chances hoty hain jabky same point per market ky breakout ky chances bahot kam hoty hain ky market hamesha pivot point sy reverse hoti hai aur same reversal per trade open kerny per hamain acha profit hasil ho sakta hai



Intraday Trading main Pivot Point ka istemal

Intra day trading ky liay pivot point bahot important hota hai ky agar ham kisi bhi pair main trade open kerny sy pehly same pair ki previous day ki movement ko read ker ky previous day ki high aur low ky sath closing ko read kerty hain tou market ki current position ky mutabiq ham pivot point ko find ker ky trade open kerty hain tou hamari trade successful ho sakti hai


Intraday Trading main Pivot Levels

Pivot level bahot zyada important hoty hain ky jab market open hoti hai ky jab market pivot level sy upper side per open hoti hai tou same time per bullish trend expected hota hai isi terha jab market basic pivot point sy nechy open hoti hai tou market main downtrend expected hota hai agar ham basic pivot point ky down sy market ko buy ker lety hain tou market bearish trend main chali jati hai aur hamain loss ho jata hai jabky basic pivot sy upper side per agar ham sell ki trade enter kerty hain tou market bullish main jany per bhi hamain loss hota hai

Pivot Levels Ki Calculation

Pivot Point ko calculate kerna bahot asan hota hai aur ham previous day ki market ki movement sy pivot point ky liay data collect kerty hain jo hamain market trend ko find kerny main help kerta hai kuch software aesy hain jo pivot points ko bar chart main plot kerty hain jo Open High Low aur Close jo one week ya one month ky liay hoti hai per depend kerty hain leking ham just previous day ki high low aur close ky mutabiq bhi pivot point ko find kerty hain pivot calculation ky seven level hain jo isi basic formula per depend kerty hain jo open high low aur close hai basic pivot point jo ky middle main hota hai usko calculate kerny ka formula High+Low+Close/3 hota hai jabky other sixlevels ko calculate kerny ky liay three supports aur three resistances ko calculate kia jata hai

Re: Pivot Point Trading Strategy in forex trading..

Forex Pivot Points

Professional traders aur market maker support aur resistance zone ko malom karne k leye pivot point ka istemal karte hen. Pivot point aur is k support / resistance levels wo areas hote hen jahan jahan se qeematon ki movement mumkina tawar par badal sakti hai. Agar hum dosre indicators ki baat karen to sewaye fabonacci levels k aur koi bhi indicator qeemayon k support aur resistance levels k bare me wazih information nahi deta.
Fabonacci levels aur pivot point ka istemal aur in k levels taqreeban aik jaisa hai, dono k levels trading me kafi faida dete hen.
Pivot point short-term traders k leye ziada faida-mand hai, jo qeematon ki small movement se faida uthana chahte hen. Dosre aam support aur resistance levels ki tarah traders in points ko bhi breakout ya bounce back k leye istemal kar sakta hai.
Jo traders support aur resistance levels pe trading karte hen, wo bhi pivot point se faida hasil karte hen, jab bhi in point pe qeematen pohunchti hai wo apne trade entre karte hen.
Breakout pe trading karne wale trader k leye bhi pivot point pe trading achah experience deta hai, q k ye point hi market k top resistance aur bottom support levels hote hen.

How to Calculate Pivot Points

Pivot point aur is k support aur resistance levels ki calculation akhari trading session k open, high, low, aur close ka istemal karke lagaya jata hai. Pivot point ki calculation kuch is tarah se ki jati hai;

Pivot point (PP) = (High + Low + Close) / 3

Support aur resistance ko is culye k madad se kuch is tarah se malom ki jati hai;

1st level k support aur resistance :

First resistance (R1) = (2 x PP) - Low
First support (S1) = (2 x PP) - High

2nd level k support aur resistance:

Second resistance (R2) = PP + (High - Low)
Second support (S2) = PP - (High - Low)

3rd level k support aur resistance:

Third resistance (R3) = High + 2(PP - Low)
Third support (S3) = Low - 2(High - PP)

Note: kuch charting software intermediate ya mid-point levels bhi lagate hen, lekin ye levels same pivot point nahi hote, bulke asal pivot point aur support/resistance k darmeyan chote (small) levels hote hen.

Pivot point ka kaam ziada tar charting software khud se karte hen, is k leye traders ko calculation ki zarorat nahi hoti (jis tarah se fabonacci levels hote hen). Albata pivot point ki setting khud se karni hoti hai, q k har trader apne mutabiq is point ko istemal karta hai.

Range Trading with Pivot Points

Pivot point ko support aur resistance k tawar par istemal karna range trading with pivot point kehlata hai, q k baaz traders support point pe buy aur resistance point pe sell ki entry karte hen, to is waja se pivot point k support aur resistance un k leye entry aur exit ka kaam karta hai.
Pivot point k levels ko jitni baar currencies jore touch karte rahenge utne hi ye point ziada mazbot hongay. Jab tak pivot point breakout nahi hote ye trading k leye bohut faida mand hongay.

Breakout with Pivot Point

Jis tarah se aam support aur resistance hamesha k leye nahi hote aur kabhi na kabhi wo lazmi breakout ho jate hen, to pivot point bhi us trah se breakout hote hen. Baaz traders breakout pe trading ko tarjeeh dete hen, to jab bhi pivot point k support air resistance levels breakout ho jate hen wo traders market me entry kar sakte hen.

Pivot Point aur T.P aur S.L

Pivot points ko traders trading k dowran apne profit k traget ya stop loss k leye bhi istemal kar sakte hen. Jab bhi qeematen matloba support ya resistance levels pe pohunchti hai, to traders market me profit ya loss me exit kar jate hen. Yahan pe ye baat note karen k jab bhi aik pivot point breakout ho jati hai to aksar "support-turned-resistance" ya "resistance-turned-support" ban jate hen.