exploration

Pivot Point High And Low Idea EUR/USD

FX:EURUSD   Euro / U.S. Dollar

The pivot point high and low idea is an easy method to follow without counting Elloitt numbers that tend to change places after you have made a trade. The 4 hour and two hour charts are good for trading the Pivot point highs and lows..but you do have to watch support and resistance levels ...i suggest entering a trade at the pivot point high or low and watching the RSI as seen in the chart example.
Calculate the Pivot method and add the pivot line with S1 and R1 etc. as seen in the videos this will help in seeing support and resistance lines on the 4 hour and 2 hour time frames.

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This is free pivot calculator http://www.babypips.com/tools/forex-calc... This link has tips on the pivot method and the math on how to calculate the pivot numbers http://www.babypips.com/school/how-to-ca... This persons video explains how to use the pivot method in detail http://youtu.be/nvMhj3n01D8 and this person explains in a video Pivot Point Strategy http://youtu.be/0D_O6ZeRRn8
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