Formula for pivot point in forex.
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    Formula for pivot point in forex.
    Asalamualikum dear members hope you all are fine and doing well on forex trading.dear members aaj hm apni post mein pivot point k bary mein baat krein gy.


    Formula of pivot point :

    Dear members Basic simple pivot point ko daikhny k liye previous high, low or close ka pta hona chaheay, jis ko es formula mein put kr k pivot point mil jta hy; P.V=High+Low+Close/3. Es k sath resistance, support ka b pta hona chaheay.
    Forexample Eur/Usd mein daily pivot point 1.22400 hy. Ab market jb b Support yeh Resistance yeh wapis ay ge to yeh pivot point tak kary ga k market ke next movement kiya ho ge. Agr Resistance sy wapis honay k bd pivot point ko cross krty howay market na support ko break kiya, to yeh strong sign hy k bearish movement start ho gai or yeh movement jari rhay ge. Ese trha agr support sy price wapis ho k pivot point ko cross krti howi resistance ko break kr gai, to yeh bullish sign hy or bullish movement jari rhy ge .

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    how to locate this point:

    Dear members ksi b trading pair k center ke price ko bola jta hy means k agr eur usd ka pair ke price market open hoty time 1.1500 pr hy or 4,5 hours k bd eur usd ka pair ke price 1.1570 tk chle jati hy to yehh jo nechy wala level or up wala price level yeh support or resistance kehlty hian or hr trading pair up or down price kr k phir ik price py a kr break krta hy to woh price dakha ga hay woh trading pair ki price ki center wali hi price hoti hay to ab eur usd ka pivot point woh price kahlay gi mtlb kah eur usd up aor down movement kar kay phr 1.1535 yeh 1.1545 tk phir bak price ke trf a jta hy to yeh center wali jo price hy yeh pivot point hy or yeh mein point hota hy es ko trader ny agr smjh liya to trader forex trading market mein profitable trading ka pta hy.


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