details of pivot point in forex market....

INTRODUCTION:

Aslam u alaikum,

Dear forex member umeed karta hun aap sab khairiyat se honge aur acha porfit bana rahy hon gay, agr ap market main successful Trading karna chahty hain to ap ko es main diffrent factor par study karna hoti hai.Pivot point ki discussion bahut zyda Importance hoti hai, kunk technical analysis kay liye pivot point bahut zyda perfect ho sakhta hai. Candlesticks ki help sa ap different important points per identification kar sakhty Hain, For example candlestick ki help sa ap support level, resistance level, Pivot Point jesi important information hasil kar sakhty Hain. Tu a main apko Pivot point sa related kuch aisi information share krna chahti Hun, Jo app Kay liye helpful ho sakti hain.

DEFINITION OF PIVOT POINT:

Dear forex members Pivot Point basically aik eisa point hota hai, isko aap central point bhi keh sakhty hain, jis per market depend kar rahi hoti hai. Agar ap pivot point ki basis per apni trading decisions complete karte Hain, to definitely aap bahut hi acchi trading kar sakhty Hain. Pivot Point per aapko market hamesha achi entry provide kar rahi hoti hai, liken iski exact calculation bahut important hai. Pivot point ki identification Kar Kay ap perfect analysis Kar sakhty Hain, tu aapko maximum advantages hasil kr sakhty hain.

TRADEING TECHNIQUE:

Dear Jab ap pivot point per trade laty hain, tu Pivot point ki interpretation ka apko achi tarah idea hona cheye. Jab aap pivot Point ki basis per decision making process complete kar rhy hoty hain, tu ismein aapko selling aur buying confirmation mil rahi hoti hai.

IMPORTANCE OF PIVOT POINT:

Definitely pivot point ki bahut zyda importance hai. Dear forex members Pivot Point ki basis per apki decision making apk liye bahut hi important role play karti hai. Kunk agar aap perfect trading karna chahte hain, to apko Different techniques ko apni trading main include karna hota hai. Pivot Point per completely focus karna hota hai, agar aap isko ignore karte Hain to aap ke liye consistently market mein kamyabi hasil karna difficult ho sakta hai aur dangerous situation main dal sakhta hai.

CALCULATE PIVOT POINT:

Dear Technical analysis main apko bahut carefully calculation aur process ko define krna hota hai. Forex trading mein Pivot point ki calculation karna bahut aasan hota hai, ismein aapko daily candlesticks ki basis per calculation karna hoti hai. Dear members Jab ap last day ki daily candlesticks ko study karte Hain, tu ismein aapko lower point, highest point or closing value ko add krna hota hai, or isko ab aap 3 pay divide krty Hain, aapko pivot point mil jata hai. Es main ap ko bhot zyda advantages available hoty hain jis ko ap asani sy samjh kar best entry par trade laga sakhty hain.Hamesha market is point per depend kar rahi hoti hai. Is liye ap ko apni trading main is point ko carefully focus kar kay apna faisla lena hota hai.

CHART OF PIVOT POINT:

Dear Uper di hui information ko further explain krny kay liye aapko below mentioned chart share krny ja raha hun. Jo aapko further guidance da ga.

Re: Details of Pivot point in Forex Market....

Details of Pivot point in Forex Market:

pivotpoint market ka woh point Hota Hai Jiski girad market Chakkar Lagati rehti hai matlab yeh hai ki market Jab upar Jati Hai Tu Bhi pagal point Kota karti hai aur Agar fir se Jab market niche Aati Hai To fir usi pivotpoint per aakar state karti haimarket mai ap ne agar kaam karna hai to ap ko ais mai technical k sath sath fundamental ka pata ho ga to ap ais market mai ye dekh sakty hai k ais market mai trade manipulation ka kai role hai aor ais se ap ko kaisy faida ho sakta hai ais market mai jo traders trading kar rahy hoty hai ais mai her trade ki lot count ho rahe hoti hai ais mai ap agar aik hi pair par trade karty hai aor aus par demand zayda ho jatai hai to aus pair ne up jana hota hai magar kai dafa ap aus par buy mai hoty hai magar market high volatile ho k down aa jati hai aus time trade manipultion ho rahe hoti hai aor aus mai ap ko loss ho sakta hai ais mai ap ne agar loss se bachna hai to ap ko ais market mai planing karni ho gi tab hi ap ko ais market mai faida ho ga aor ap loss se bach sakty hain.


Analysis in forex trading:

Forex trading main analysis karny to is main teenun analysis karny both zarori han is ley humy chae ha is k alawa humy trading seekeny k ley demo account main practice karni ho ge jis sy hum log kamyab ho sakty han is ley humy behtar sy behtar learning or practice karni ho ge ta k hum forex trading main kamyab ho saken jtni ziada hum mehnat karny gy to hum ache earning kar saken gy jis sy hum log kamyab ho sakty han jab tak hum log kamyab ni hon gy or mehnat ni karny gy to hum kamyab ni ho sakty han is ley humy mehnat karni ho ge practice karni ho ge ta k humara knowledge or experience ziada ho jtna knowledge or experience ziada ho ga forex trading ko hum jtni mehnat.
hume is main analysis ko dekhna lazmi ha is main hume tecnical analysis ur fundamental analysis se help leni hoti ha hume pta ha k forex hamre liye eik sab se zabardast onlines business hai is main kam krne k liye hume menat ki sab se zada zahrorat hoti ha acha kam krein taqy hume is main acha experince ur knowledge hasil ho saken hume is main sab se phaly apney account balance ko dekhna hota ha ur os k hisab se kam krna hota ha chart indicotor ko check krte rehna chaiye trade open krne se phaly hume os ka knowledge lazmi hasil krna hota ha trading main hume kam se kam risk lena hota ha agr extra risk lein gey tu lose hi hoga.



price of security ke artificially Inflating(average level of prices are rising in economy) or deflating( Average level of prices are falling in an economy) ko kha jata a or otherwise, personal gain k liay market k behaviour ko control karna. Manipulation illegal a BHT sy cases my ,Lekin yay regulators r authorities k liay detect karna bht difficult a. Market manipulation sy ise trh sy avoid Kya ja Sakta a k " low-volume securities sy dhor rha jahay r hardwork Kya jahay Forex business my . jesa k hm sab jantay hay k forex business hm sab k liay best online business a jismy traders ko kamyab honhy k liay BHT hardwork ke zaroorat prhte a, Market Manipulation sy avoid Kya jahay ,is sy traders ko BHT ziada loss ka samna karna prhta a ,Isliay hmhy isko khatam karna chaheay. Usk liay hmhy Forex business my mehnat Karne prhy ge r hamhy manipulation ko chor Kar Technical & Fundamental analysis ko use Kar k us hisab sy Kam karna chaheay jis sy hmhy profit ml Sakta a r hm ek kamyab traders BN sakty hay.



A pivot point is an indicator developed by floor traders in the commodities markets to determine potential turning points. In the forex and other markets, day traders use pivot points to determine likely levels of support and resistance, and therefore possible turning points from bullish to bearish or vice versa.

Re: Details of Pivot point in Forex Market....

A forex pivot point strategy could very well be a trader’s best friend as far as identifying levels to develop a bias, place stops and identify potential profit targets for a trade.
Pivot points have been a go-to for traders for decades. The basis of pivot points is such that price will often move relative to a previous limit, and unless an outside force causes the price to do so, price should stop near a prior extreme. Pivot point trading strategies vary which makes it a versatile tool for forex traders.
Keep reading to learn more about:

• Defining the pivot point
• How to calculate pivot points
• Using pivot points in forex trading
• Pivot point trading strategies
• Difference between pivot points and Fibonacci retracements

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.
Traders frequently use additional validation tools such as indicators, candlestick patterns, oscillators, fundamentals and price action to use in conjunction with the pivot to make trade decisions in the forex market.
There are a few basic guidelines to follow when trading with pivot points:

1. Price above pivot = bullish bias
2. Price below pivot = bearish bias
3. Longer period pivot points are more dependable due to increased data set
4. Support and resistance levels are extensions of the pivot which can be used as supplementary key price levels

PIVOT POINT TRADING STRATEGIES

1. Pivot point swing trading
For traders who prefer the medium to longer-term trades, swing trading with the pivot point is possible by using weekly/monthly time frames.
The chart below depicts a weekly chart with the addition of the pivot point only (this can be edited by changing the pivot settings on the platform). It is clear there has been a trend reversal to the upside which is evident after the price breaks through the previous pivot resistance.
Now acting as a support level, forex traders can place long entry orders at the pivot price. There is a false breakout (blue circle) but after this, there is substantial upside which could be exploited. The pivot levels won’t always contain the price, but it does offer a price level to maintain the directional bias. This would be a lengthier time horizon which would be ideal for swing traders.
USD/ZAR weekly chart
2. Pivot point breakout strategy
Many traders attempt to focus their trading activity to the more volatile periods in the market when the potential for large moves may be elevated.
Traders may attempt to look at breaks of each support or resistance level as an opportunity to enter a trade in a fast-moving market. This can be particularly relevant for longer-term pivot levels, with focus being paid to the weekly and monthly pivot points. The charts below will show how a trader can set up a pivot point breakout strategy using firstly the pivot alone as an indication as well as the more complex support and resistance levels.
The chart below shows a pivot point with support and resistance levels excluded. In this example, the pivot indicator is based over a weekly period which provides traders with an extended data set for a more reliable key level. The pivot is used as a key price level, which was initially respected a few candles prior to the breakout. Once the breakout occurs, traders can then look to enter into a long trade as price above the pivot signals a bullish bias.
WHAT’S THE DIFFERENCE BETWEEN PIVOT POINTS AND FIBONACCI RETRACEMENTS/EXTENSIONS?

Both pivot points and Fibonacci retracements/extensions present traders with hidden levels of support and resistance. However, there are some significant differences:

Calculated as the average of the previous periods high, low and close	Based on fixed ratios as a result of the Fibonacci sequence
Based on previous period price extremes	Based on previous waves price extreme

FURTHER READING ON PIVOT POINTS

• Learn the basics of the classic pivot, with our guide to floor trader pivots.
• Get to grips with trading with support and resistance to build the groundwork for basic support and resistance practices.
• Use our hourly, daily, weekly and monthly pivot points to determine market sentiment in forex and other key assets.