How to Find Pivot Points

Ayo, first thing you gotta vibe with is how to figure out pivot point levels real quick.

Pivot point and its squad of support and resistance levels get calculated using the last sesh’s open, high, low, and close deets.

Since forex is always awake, most peeps tune into the NYC closing time at 5:00 pm EST for that previous day’s close.

Pivot Point Calculasian

Here's how you do the math for a pivot point:

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

Support and resistance levels spawn from the pivot point like this:

Level one support and resistance:

First resistance (R1) = (2 x PP) – Low

First support (S1) = (2 x PP) – High

Level two support and resistance:

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

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

The third squad of support and resistance:

Third resistance (R3) = High + 2(PP – Low)

Third support (S3) = Low – 2(High – PP)

Heads up, some forex charting apps might drop intermediate levels or mid-point zones.

These are like mini levels vibing between the main pivot point and support & resistance spots.

If algebra gave you nightmares, chillax ‘cause you ain’t gotta crunch these numbers yourself.

Most charting apps got your back, they auto-magically handle it. Just make sure you vibe with the right closing time and price.

Our squad at BabyPips.com even has a legit Pivot Point Calculator!

The forex pivot point calculator is clutch, especially if you wanna do some backtesting and see how those pivot point levels held up back in the day.

Don't forget, one of the dope things about using pivot points is it's super objective, so it's easy to test how prices do the tango with them.

Next on the docket, we’re gonna show you the different ways you can level up your forex trading game with pivot points.