### Forex Pivot Points Book. Series of Free Forex ebooks

Pivot points are sometimes associated with difficulties for Forex traders, especially for beginners. Today we will try to explain as simple as possible about Pivot point trading so that tomorrow you can confidently apply this knowledge to your Forex trading! Ever wondered why price stops and turns at some exact points? There are many answers. Pivot points are a technical forex trading strategy that determine probability of future price action off of previous price movements. The mathematical formula for calculating pivot points is as follows: Pivot point (PP) = (High + Low + Close) / 3. Support and resistance levels are then calculated off the pivot point as follows. Action Forex Pivot Point Calculator A pivot point indicator is added to the charts that will automatically calculate the pivot points. Action forex has Pivot pointcalculator available.

### What is a Pivot Point Calculator

Action Forex Pivot Point Calculator A pivot point indicator is added to the charts that will automatically calculate the pivot points. Action forex has Pivot pointcalculator available. The Pivot Point Calculator is used to calculate pivot points for forex (including SBI FX), forex options, futures, bonds, commodities, stocks, options and any other investment security that has a high, low and close price in any time period. The pivot point calculator lets you select the formulae you want to use and remembers your choice when. A pivot point calculator is an arithmetic program used by. forex traders to anticipate price movements. Pivot points. are frequently used by foreign exchange traders as a means to calculate.

### More Forex Resources

What is a Pivot Point Calculator. In a price chart a pivot point is the sum of an instrument’s previous trading day high, close and low prices, divided by three. On the following trading session if the instrument’s price is below the pivot point level it can signal an ongoing downtrend, while if the instrument’s price is above the pivot point level it can be interpreted as an ongoing uptrend. Action Forex Pivot Point Calculator A pivot point indicator is added to the charts that will automatically calculate the pivot points. Action forex has Pivot pointcalculator available. Pivot points are a technical forex trading strategy that determine probability of future price action off of previous price movements. The mathematical formula for calculating pivot points is as follows: Pivot point (PP) = (High + Low + Close) / 3. Support and resistance levels are then calculated off the pivot point as follows.