Forex Zone - Forex Forum

Piovt Points

Discussion started on Forex Education

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
pivot points are the support and resistance determinants that I often use, even loyal to my trading day with the pivot benchmark.
#16 - May 26, 2019, 04:48:56 PM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
no need to bother to calculate the pivot point because there is already a daily pivot indicator that is usually used automatically.
#17 - May 26, 2019, 04:51:46 PM

  • Newbie
  • Posts: 10
  • Points: 0
  • Likes Received: 0
  • Reputation: +0/-0
Pivots are one of my favorite indicators besides fibo but I use pivots more often than fibo.
#18 - May 27, 2019, 11:37:18 AM

  • Hero Member
  • Posts: 701
  • Points: 5910
  • Likes Received: 39
  • Reputation: +1/-1
I also often use pivot points to find resistance and support because the pivot is more towards the follower trend than the counter trend. I'm even more interested in pivots than fibo or other types of trend indicators.
#19 - August 05, 2020, 06:37:00 PM

  • Sr. Member
  • Posts: 436
  • Points: 19608
  • Likes Received: 5
  • Reputation: +1/-0
The pivot point is one indicator that I use in my trading system that I use to identify resistance and support and that is very important indeed.
#20 - August 06, 2020, 02:04:37 AM

  • Full Member
  • Posts: 144
  • Points: 0
  • Likes Received: 4
  • Reputation: +0/-0
I don't understand pivot points yet. I have to learn this, this is new knowledge for me
#21 - August 06, 2020, 11:21:43 AM

  • Full Member
  • Posts: 211
  • Points: 0
  • Likes Received: 21
  • Reputation: +0/-0
What I know about Pivot points are the closing prices and the highs and lows, which are calculated to determine the pivot points.
besides that, support and resistance are also found as in this attachment.

Pivot formula = (previous day's high + previous day's low + previous day's close) / 3
#22 - August 06, 2020, 11:34:45 AM
Attachments:

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
The pivot point is one of the indicators that I admit is quite accurate, maybe when compared to the Fibo indicator, this pivot is its rival and I prefer pivot to fibo which has to draw a line every day.
#23 - August 06, 2020, 01:09:10 PM

  • Sr. Member
  • Posts: 426
  • Points: 51533
  • Likes Received: 7
  • Reputation: +0/-0
The pivot point is an indicator that is often used to identify support and resistance levels and is often used as a substitute for fibo because in my opinion, pivot and fibo are both powerful.
#24 - August 19, 2020, 03:45:24 AM

  • Sr. Member
  • Posts: 410
  • Points: 46229
  • Likes Received: 7
  • Reputation: +3/-0
The pivot point is an indicator that is often used by traders to determine support and resistance levels and analyze whether prices are saturated or have the potential to continue.
#25 - August 20, 2020, 11:43:43 AM

  • Sr. Member
  • Posts: 433
  • Points: 69385
  • Likes Received: 8
  • Reputation: +0/-0
The pivot point is one of the best indicators that I use besides the trend line because in my opinion the trend is the essence of us being able to get good profits.
#26 - September 02, 2020, 03:46:15 PM

  • Sr. Member
  • Posts: 448
  • Points: 104137
  • Likes Received: 12
  • Reputation: +1/-0
pivot points have complete information about resistance support and additional information. If the trader understands the pivot point well then this information is determined. taken over.
#27 - September 02, 2020, 05:09:03 PM

  • Sr. Member
  • Posts: 378
  • Points: 13171
  • Likes Received: 13
  • Reputation: +0/-0
The pivot point is a powerful indicator because it provides a lot of information such as supply and demand boxes where the price will pass an important point there.
#28 - September 03, 2020, 08:11:25 AM

  • Sr. Member
  • Posts: 452
  • Points: 2273
  • Likes Received: 13
  • Reputation: +0/-0
The pivot point is one of the indicators that we can customize, but by default, the pivot point is quite powerful and useful for forex trading analysis, especially determining resistance support.
#29 - September 23, 2020, 02:52:58 PM

  • Sr. Member
  • Posts: 434
  • Points: 0
  • Likes Received: 17
  • Reputation: +1/-0
Pivot points are one of my reliable indicators that I often use in the trading system to determine support and resistance levels.
#30 - October 07, 2020, 03:54:04 PM

Members:

0 Members and 1 Guest are viewing this topic.