Pivot points help identify support and resistance levels using a simple formula based on previous high, low, and close prices.

Pivot Points Explained

Use the pivot point formula forex to calculate the central pivot and support/resistance levels. These levels guide your trades.

How to Calculate Pivot Points

Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

Close-up shot of a young businessman’s smartphone while he is working on a stock market trading platform.

Calculate daily pivot points to find key areas of support and resistance where price reversals or breakouts may occur.

Support and Resistance Levels

Fake Trading GIF

Fake Trading GIF

Use pivot points to confirm market trends and set buy or sell orders at key support and resistance levels.

Pivot Point Trading Strategy

Use the calculated pivot points to set stop-loss and take-profit levels for better risk management.

Set Stop-Loss and Take-Profit Levels

Incorporating pivot points into your strategy helps you make more informed decisions and improve overall profitability.

Optimize Your Strategy with Pivot Points