a pivot zone can vary in size of pips depending on time frame and whether or not it is located very near a big round number (a lot are). it can be a very small range or a larger one but it gives you a great way to predict price movement whether your entering or managing a trade.
DislikedHi, James,
Thanks for your great chart and explaination. Now I follow your thread day by day.
Hope you don't mind asking a question, The problem here is how to define PPZ, The definition I learned from Jarooo is the area right below the ppz box you draw on your chart. draw a box around bars which have same high/low. If the definition of PPZ is arbitray, it will cause confusion.Ignored