Forex trading with pivot point strategies,,
Aslam O Alikum
Introduction
I hope all friends fine main ummid karta hun aap AP sab dost khairiyat se honge aur apna Kam samajhdari ke sath complete kar rahe honge aj ki post main hum pivot point ko study karen gy or dkhn gy ye kia hota ha esko kesy find karen or eski trading strategy kia hoti ha.
What is pivot point
Dosto pivot point basicall aik turning point hota ha market main jahan se market wapis turn leyti ha. day traders pivot point ko use kr k support & resisatnce concept k sth market main achi entry talash karty hain q k ye reversal ya turning point hota ha ksi bhi bullish ya bearish trend ka.Pivot points previous day k high low or closing & opening price ko use kr k find kia jata ha.Agr ap khud se calculate karna chahen to bhi ap esko calculate kar k market main dkh skty hain warna bht se indicators moujood hain jo k pivot ooint or es se opr or nechy 2,3 resistance & support levels bhi provide karty hain jesa k opr picture main PP line pivot point ko indicate kar rhi ha ja k us se opr R1 line resitance ko show kar rhi ha or nechy S1 line support ko show kar rahi ha.
Pivot point trading strategies,
Dosto pivot point intraday trend or market main entry or exit main help karta ha agr market pivot point se nechy ho to market bearish consider ki jati ha or hn wait karty hain k market pivot point ko touch kary or phr wahan se hum sell ki trade ln hmara first targrt S1 support hoti hai or 2nd S2 support or hmara stop loss Pivot point se opr hota hai or aisy hi agr market pivot point se opr ho to market ko bullish consider kia jata ha or pivot point se buy ki trade li jati ha or R1 resistance hmara 1st target hota ha.Agr market pivot point ko break kar dy to trend reversal expected hota ha.
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