ali555 Posted March 7, 2014 Report Share Posted March 7, 2014 Pivot points are used by traders to attempt to predict support and resistance levels. They are commonly used in the forex market as are used as visual cues to execute trades. Pivot Points are calculated using the open, high, low, and close, from the previous trading day. Standard pivot points include the pivot point itself, three full support levels, and three full resistance levels, but two half way support levels, and two half way resistance levels are also often included. Daily pivot points are the most commonly used, but weekly and monthly pivot points are also available. http://www.forex-metal.com/affiliate/46199/2 Link to comment Share on other sites More sharing options...
kaito kid Posted March 17, 2014 Report Share Posted March 17, 2014 A pivot point is a price level of significance in technical analysis of a financial market that is used by traders as a predictive indicator of market movement. A pivot point is calculated as an average of significant prices (high, low, close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bearish. Link to comment Share on other sites More sharing options...
Guest jeneyarahman Posted March 18, 2014 Report Share Posted March 18, 2014 A pivot point is a indicator used by traders when they analysis chart.It shows level of potential support & resistance .It help to determine whether the market sentiment is moving towards & uptrend. Link to comment Share on other sites More sharing options...
va_forex Posted March 18, 2014 Report Share Posted March 18, 2014 pivot point is calculated from the high and lower price on last day in order to decide the support and resistant level that used for enter the market.. I've try this strategy in liteforex broker, it's good enough. Link to comment Share on other sites More sharing options...
Guest suzykenedy Posted March 19, 2014 Report Share Posted March 19, 2014 Pivot point is technical indicator which is used to predict a change in resistance or support levels for a stock.It is calculated by taking the average of a stocks daily high, low & closing price. Link to comment Share on other sites More sharing options...
Jo Eshuijs Posted April 2, 2020 Report Share Posted April 2, 2020 Due to good trading services in my small trading life I only used the reliable broker Forex4you. From the beginning of my trading I just try them and never need to change my broker because they give me all the important trading services which help me to make good money. I am using fixed and floating spread from 0 pips, higher leverage 1:1000, and instant trade execution system without facing any long term error etc. Link to comment Share on other sites More sharing options...
tradesprint Posted April 3, 2020 Report Share Posted April 3, 2020 Did you realized that you had bumped a six years old thread..! Still didn't addressed related to the pivots. Link to comment Share on other sites More sharing options...
Mrsooduraske Posted April 4, 2020 Report Share Posted April 4, 2020 As always, the most important thing to understand is the fundamentals. But pivot points give an excellent sturcture for entries and can boost your profit potential! Link to comment Share on other sites More sharing options...
maspluto Posted April 8, 2020 Report Share Posted April 8, 2020 a good and correct understanding must indeed be able to be considered properly, this is needed and needed so that traders can become better and can be maximized in managing existing funds and risks properly. Link to comment Share on other sites More sharing options...
Mrsooduraske Posted May 14, 2020 Report Share Posted May 14, 2020 Being one of the oldest technical indicators, PivotPoint is widely used in all markets, including equities, commodities and Forex. They have been created for a long time using formulas consisting of high, low and close prices. It is surrounded by a central axis line and later support lines and resistance lines. Traders use these lines as a level of potential cooperation and resistance, a price at which it can be difficult to break the price. Link to comment Share on other sites More sharing options...
uncle gober Posted May 14, 2020 Report Share Posted May 14, 2020 broker selection must be able to be considered properly, this is needed and needed so that traders can become better and get more leverage in getting the safety and comfort of trading like what I get from Tickmill. Link to comment Share on other sites More sharing options...
tradesprint Posted June 26, 2020 Report Share Posted June 26, 2020 On 4/4/2020 at 6:23 AM, Mrsooduraske said: As always, the most important thing to understand is the fundamentals. But pivot points give an excellent sturcture for entries and can boost your profit potential! Depends on traders mindset, few are good at fundamentals while others are good with technical understandings. There are some who got talent and add both in their trade management. Link to comment Share on other sites More sharing options...
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