Forex Pivot Points

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Dictionary Says

Definition of 'Forex Pivot Points'

A set of indicators developed by floor traders in the commodities markets to determine potential turning points, also known as "pivots". Forex pivot points are calculated to determine levels in which the sentiment of the market could change from "bullish" to "bearish." Currency traders see pivot points as markers of support and resistance.

Forex pivot points are calculated as the average of the high, low and close from the previous trading session:
Forex Pivot Point = (High + Low + Close) / 3

 
Investopedia Says

Investopedia explains 'Forex Pivot Points'

Because pivot points are thought to work well in very liquid markets, the spot forex market may be the perfect place to use them. Day traders use the calculated pivot points to determine levels of entry, stops and profit taking by trying to determine where the majority of other traders may be doing the same. Forex pivot point calculators are available free of charge across the internet through retail forex brokers and third-party websites.
Search results for

'Forex Pivot Points - Forex - Investopedia'

  • How do I calculate forex pivot points?

    http://www.investopedia.com/ask/answers/forex/forex-pivot-points.asp
    ... be done quickly and easily on free forex pivot point calculators ... To learn more, read
    Using Pivot Points In FX ... as the Senior Financial Editor at Investopedia.com ...

  • Using Pivot Points In Forex Trading

    http://www.investopedia.com/articles/forex/07/pivotpointstrategy.asp
    Using Pivot Points In Forex Trading. May 02 2010 | Filed Under ยป Active Trading,
    Forex, Forex Technical Analysis, Forex-Advanced, Technical Analysis. ...

  • Pivot Strategies: A Handy Tool For Forex Traders

    http://www.investopedia.com/articles/forex/05/FXpivots.asp
    ... traders and market makers have used pivot points to determine critical support
    and/or resistance levels. Pivots are also very popular in the forex market and ...

  • Break Into Forex In 12 Steps Slideshow | Investopedia

    http://www.investopedia.com/slide-show/beginner-forex-steps
    ... Technical analysis is most popular among forex traders, common forms include
    the Elliot Waves, Fibonacci studies and pivot points. ...

  • Break Into Forex In 12 Steps Slideshow | Investopedia

    http://www.investopedia.com/slide-show/beginner-forex-steps/low-spread.aspx
    ... Technical analysis is most popular among forex traders, common forms include
    the Elliot Waves, Fibonacci studies and pivot points. ...

  • Break Into Forex In 12 Steps Slideshow | Investopedia

    http://www.investopedia.com/slide-show/beginner-forex-steps/eight-major-currencies.aspx
    ... Technical analysis is most popular among forex traders, common forms include
    the Elliot Waves, Fibonacci studies and pivot points. ...

  • Break Into Forex In 12 Steps Slideshow | Investopedia

    http://www.investopedia.com/slide-show/beginner-forex-steps/tools-research.aspx
    ... Technical analysis is most popular among forex traders, common forms include
    the Elliot Waves, Fibonacci studies and pivot points. ...

  • Forex Frequently Asked Questions | Investopedia

    http://www.investopedia.com/ask/forex
    ... How do I calculate forex pivot points? ... Investing; Markets; Personal Finance; Active
    Trading; Forex; Professionals; ... Work With Investopedia; License Our Dictionary; ...

  • Using Pivot Points For Predictions

    http://www.investopedia.com/articles/technical/04/041404.asp
    ... and two resistance levels (totaling five price points) to derive ... R" the resistance
    levels and "P" the pivot point. ... in 24-hour markets (such as forex) are often ...

  • Break Into Forex In 12 Steps Slideshow | Investopedia

    http://www.investopedia.com/slide-show/beginner-forex-steps/broker-reliable-institution.aspx
    ... Technical analysis is most popular among forex traders, common forms include
    the Elliot Waves, Fibonacci studies and pivot points. ...

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