Using Pivot Point In Forex

 

In order to set daily time frames, many traders set the open-close of the Forex trading day to: Start: AM GMT; End: PM GMT; Every trading day the PP, R1, R2, R3, S1, S2, and S3 levels change their location, because the daily high, low and close are different every day.

This first trade netted a 69 pip profit with 32 pips of risk.

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Sep 07,  · What is PP(pivot point),r1,r2,r3 s1,s2,s3 PP are zone where always give impact to market, it can be calculate by using yesterday market high and .

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