Forum
This Board
This Topic
Search
Advanced
Toggle navigation
Home
Contests
Contests
Daily Contest
Weekly FZT Contest
Holiday Contest
Brokers/Exchanges
Brokers/Exchanges
BingX
Bitrue
EagleFX
eToro
FxGlory
HankoTrade
Kinesis Money
LMFX
Nash Markets
xChief
XeggeX
XM
XT
Bonuses
Bonuses
Forum Points
Free Trading Money
FxGlory Bonus
FZT Posting Bonus
Kinesis Money
LMFX Bonus
Trading Rebates
VIP Membership
Register
Login
1 Hour
1 Day
1 Week
1 Month
Forever
Password reminder
Forex Zone - Forex Forum
General Category
Forex Education
Pivot Points in Forex Trading
Search
Pivot Points in Forex Trading
Discussion started on Forex Education
« previous
next »
Print
Pages:
1
...
18
19
[
20
]
Go Down
Re: Pivot Points in Forex Trading
Vernalta
S-AT99-NYPM-6K4S-DU2XZ
Hero Member
Posts: 61658
Points: 52
Likes Received: 95
Reputation: +18/-46
When you use a Pivot point, you should first pay attention to whether there is a reversal area or not
#286
- June 15, 2023, 12:33:07 AM
Re: Pivot Points in Forex Trading
Dyandra
S-QT4Y-CRGM-27GV-BSQXN
Hero Member
Posts: 59278
Points: 595
Likes Received: 57
Reputation: +53/-46
if you use a pivot point you should also be familiar with the resistance support section that is displayed
#287
- June 16, 2023, 08:58:36 AM
Re: Pivot Points in Forex Trading
Vernalta
S-AT99-NYPM-6K4S-DU2XZ
Hero Member
Posts: 61658
Points: 52
Likes Received: 95
Reputation: +18/-46
I suggest that even if you use Pivot points, don't use daily, use monthly, it's better.
#288
- June 17, 2023, 03:39:15 AM
Re: Pivot Points in Forex Trading
Dyandra
S-QT4Y-CRGM-27GV-BSQXN
Hero Member
Posts: 59278
Points: 595
Likes Received: 57
Reputation: +53/-46
I just want to say that when you use Pivot points, you have to be able to calculate the area correctly
#289
- June 18, 2023, 02:54:02 AM
Re: Pivot Points in Forex Trading
Vernalta
S-AT99-NYPM-6K4S-DU2XZ
Hero Member
Posts: 61658
Points: 52
Likes Received: 95
Reputation: +18/-46
We recommend that when you use a Pivot point you must be sure of its performance about not being able to open the wrong position
#290
- June 19, 2023, 02:32:01 AM
Re: Pivot Points in Forex Trading
fxVirtuoso7
Full Member
Posts: 196
Points: 698
Likes Received: 12
Reputation: +6/-1
As I know, the pivot point is a technical analysis tool that can be used to pinpoint possible levels of support and resistance in the price movement of an asset. The highest, lowest, and closing prices from the previous day, week, or month are averaged to determine pivot points. They serve as benchmarks for traders to gauge the likelihood that an asset will trend higher or lower over various time horizons.
You can read this article for a comprehensive read
https://insights.primecodex.com/pivot-point-trading-strategy/
#291
- June 21, 2023, 03:14:58 AM
Re: Pivot Points in Forex Trading
Yengoc
Hero Member
Posts: 6026
Points: 582
Likes Received: 21
Reputation: +0/-0
You can learn to use Pivot points when you can automatically use support and resistance
#292
- June 22, 2023, 04:02:19 AM
Print
Pages:
1
...
18
19
[
20
]
Go Up
« previous
next »
Forex Zone - Forex Forum
General Category
Forex Education
Pivot Points in Forex Trading
Members:
0 Members and 1 Guest are viewing this topic.