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use Pivot table as best signal

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thanks for sharing this trading method..:)paid
 
Moved to forex trading style.
 
ariesto,what pivot method do you prefer?Fibo or standard calculation for pivot?
 
uyo...senangnye...cane kire pivor point?...

ni dia nak kira pivot, ada kat babypips...

How to Calculate Pivot Points
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The pivot point and associated support and resistance levels are calculated by using the last trading session’s open, high, low, and close. Since Forex is a 24-hour market, most traders use the New York closing time of 4:00pm EST as the previous day’s close.

The calculation for a pivot point is shown below:

Pivot point (PP) = (High + Low + Close) / 3

Support and resistance levels are then calculated off the pivot point like so:

First level support and resistance:

First support (S1) = (2*PP) – High

First resistance (R1) = (2*PP) – Low

Second level of support and resistance:

Second support (S2) = PP – (High – Low)

Second resistance (R2) = PP + (High - Low)

Don’t worry you don’t have to perform these calculations yourself. Your charting software will automatically do it for you and plot it on the chart.
 
Definitely helpful and informative. I use MACD. MACD is best used when the market breaks out of a range bound activity. In other words MACD could be used along with the momentum technique when the market were rising above resistance or dropping below support. What happens then is that you could be entering into a position trade which could last for several days although you may have to pay a small overnight renewal fee to keep the trade active. Remember that these trades generally tend to bring in the maximum profits.

I love them
 
i personnaly using Fibo Pivot table as it gives multiple support and resistance levels
 
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