S/R and PIVOT POINTS

[john15689 10]

hi i am a new italian trader....i have a question: what is the difference between S/R and pivot points? and if there is a difference ,how can i find pivot points?

 

Thans for your attention

 

good trades

[Hlm 10]

Support and Resistance areas are levels at which price is expected to be supported or resisted based on historical movement. Keyword here is "expected". A Pivot Point is just a calculation based off of price movement (e.g. Open, High, Low, Close) to determine a possible S/R area.

 

Daily Pivot Points can be calculated by most charting software. For an online calculator check out MyPivots Calculator.

 

Also, for simple definitions Investopedia is a good place to look.

Edited January 27, 2008 by Hlm

[john15689 10]

thank u a lot Hlm

[monad 10]

hi i am a new italian trader....i have a question: what is the difference between S/R and pivot points? and if there is a difference ,how can i find pivot points?

 

Thans for your attention

 

good trades

 

 

Check out the following sites, you should find enough information about support/resistance, price/vol i.e how to trade with s/r

 

http://www.trade2win.com/boards/showthread.php?t=20336 (Plotting S/R)

http://www.trade2win.com/boards/showthread.php?t=20035 (Globex, S/R, )

http://www.trade2win.com/boards/showthread.php?t=11104 (73pages)

 

http://www.elitetrader.com/vb/showthread.php?threadid=29005&perpage=6&pagenumber=2 (PRICE VOLUME BY DBPHOENIX) 35PAGES

http://www.elitetrader.com/vb/showthread.php?s=&threadid=29005&perpage=1&pagenumber=1

[traderkch 10]

SR levels can be determined by many diffferent methods. Pivots are just that, price points where the mkt makes reversals formimg a "pivot", but for different time periods; shorter or longer time periods for example will show different pivots. Pivots have varying degrees of strength based on how long they held or have held before being violated.