Forex market's Support and Resistance information through Pivot Point

Dear friends, forex main Pivot points ki help say ya pata chalta ha kay market mein potential reversal walay points kon say hain, aisi market jis mein uncertainty ho, us market mein pivot points bohot helpful sabit hotay hain. Pivot points ki madad say yeh bhi pata chalta ha kay kis tarah market sentiments bullish say bearish ya bearish say bullish ho gaye hain

How pivot point indicate 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, 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, 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,

Calculations and formula used for pivot point:




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, simple pivot ponit maloom karnay kay liye previous high, low aur close ka pata hona chaiay, 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)

is kay sath resistance, support ka bhi pata hona chaiay, yahan P pivot point, R1 pehli Resistance, R2 second Resistance, S1 support1 aur S2 support2 hain, ye un levels ki janch 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,

Indications and advantages of pivot point:





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, 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 aisay levels ko define kar sakta ha, iski indications ki base par aisay levels ko identify kar sakta hay kiun kay aisay levels ki information boht important hay jahan say market kay reverse aur trend kay change honay kay chances hon,

Re: Forex market's Support and Resistance information through Pivot Point

Assalamu Alaikum! Dear seniers and juniers, umeed ha k ap sab kheriat sa hon aur forex market sa daily basis per ak acha gain le raha hon ga.

Importance of Support and Resistance Levels in Forex Trading

Forex trading man trader currency pairs aur commodities ki price movements ko smajhna k liye price chart ko read kerta ha. Price chart patterns man changes, momentum aur price k trend man change ko accuracy k sath identify kerta ha. Support and Resistance Levels price chart man asa levels hota han jahan per price thora dair k consolidation kerti ha, asa levels ager current price level sa nicha hon to isko ""support level"" kehta han aur ager asa levels current price level sa oper hon to inko ""resistance levels"" kehta han.

Currency pairs aur commodities k price chart man price support and resistance levels k dermiyan move kerti ha. Ager trader in levels ko price chart man draw ker le to price ki movement ko different candlestick patterns k through track ker k profitable trading ki ja sakti ha.

How to Draw support and resistance levels?

Support and Resistance Levels ko draw kerna k liye trader ko line chart ko use kerna chaheye q k line chart closing price k bara man batata ha aur closing price trading k important hota han. Support and Resistance Levels ko draw kerna k trader ko asi line ko draw kerna chaheye jahan per price at least two swing lows/swing highs ko touch hona chaheye. Trader jotna bara timeframes man support and resistance levels ko draw kerta ha itna he wo zayada strong levels hota han.

Trading with Support and Resistance Levels

Resistance Levels Breakout

Jab price continuously increase ker rahe ho aur price resistance level per phonch ker candle ka close oper de to is sa breakout ki confirmation ho jati ha. Lakin trader ko trade active kerna k liye price ka resistance level ko ""re-test"" kerna ka wait kerna chaheye. Jab price retest ki confirmation de to is per trader ko ""buy ki trade"" active kerni chaheye.

Resistance Levels py Stoploss and Take Profit Lgany ka Tareeka

Resistance levels k breakout per trade kerna k liye zarori ha k trader stoploss ko resistance level sa nicha place karen aur Take Profit ko next resistance levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.


Support Levels Breakout and Management

Jab price continuously decrease ker rahe ho aur price support level per phonch ker candle ka close nicha de to is sa breakout ki confirmation ho jati ha. Lakin trader ko trade active kerna k liye price ka support level ko ""re-test"" kerna ka wait kerna chaheye. Jab price retest ki confirmation de to is per trader ko ""sell ki trade"" active kerni chaheye.

Stoploss and Take Profit using Support and Resistance

Support levels k breakout per trade kerna k liye zarori ha k trader stoploss ko support level k oper place karen aur Take Profit ko next support levels per Tp-1, Tp-2 aur Tp-3 ker k place karen.