PIVOT points | Forex Factory

PIVOT points

#1
First Post: Oct 29, 2007 6:17am Oct 29, 2007 6:17am

ztdep
| Joined Oct 2007 | Status: Doctor candidate | 186 Posts

Dear friends:
I am new in the FX, so what is the pivot ponts. how to use it.
Reagards

I need time ,I need money, I need more patience

#2
Oct 30, 2007 7:03pm Oct 30, 2007 7:03pm

WHTenn
Joined Nov 2006 | Status: Trader | 1,758 Posts

Please consider taking a forex course or two. Use the search feature to find answers to your question.

#3
Oct 30, 2007 8:39pm Oct 30, 2007 8:39pm

peterM
| Joined Sep 2006 | Status: Trader | 995 Posts

to calculate a pivot point you use this simple formula:

(High + Low + Close) / 3

Pivots often act as support/resistance.

#4
Oct 31, 2007 7:59pm Oct 31, 2007 7:59pm

WHTenn
Joined Nov 2006 | Status: Trader | 1,758 Posts

Here is a good one if you want one with more support and resistance features.

http://www.mypivots.com/Education/to...ot-calculator/

#5
Oct 31, 2007 8:01pm Oct 31, 2007 8:01pm

WHTenn
Joined Nov 2006 | Status: Trader | 1,758 Posts

A good site for pivot point definitions... http://www.investopedia.com/terms/p/pivotpoint.asp

#6
Last Post: Nov 1, 2007 3:02am Nov 1, 2007 3:02am

hanover
Joined Sep 2006 | Status: ... | 8,112 Posts

Hi Ztdep

Try these links:
http://www.forexfactory.com/showthread.php?p=1506991
http://www.forexfactory.com/showpost...88&postcount=2
http://www.forexfactory.com/showpost...23&postcount=2
http://www.forexfactory.com/showpost...47&postcount=5

Good luck
David

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