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Pivot Points 枢心点: Page 3 of 7

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How to use Pivot Points for Range Trading

The simplest way to use pivot point levels in your forex trading is to use them just like your regular support and resistance levels. Just like good ole support and resistance, price will test the levels repeatedly.

The more times a currency pair touches a pivot level then reverses, the stronger the level is. Actually, “pivoting” simply means reaching a support or resistance level and then reversing.

If you see that a pivot level is holding, this could give you some good trading opportunities.

If price is nearing the upper resistance level, you could sell the pair and place a stop just above the resistance.

If price was nearing a support level, you would buy and put your stop just below the level.

See? Just like your regular support and resistance! Nothing hard about that!

Let’s take a look at an example so you can visualize this. Here’s a 15-minute chart of GBP/USD.

Using forex pivot points with ranges

In the chart above, you see that price is testing the S1 support level. If you think it will hold, what you can do is buy at market and then put a stop loss order past the next support level.

If you’re conservative, you can set a wide stop just below S2. If price reaches past S2, chances are it won’t be coming back up, as both S1 and S2 could become resistance levels.

If you’re a little more aggressive and confident that support at S1 would hold, you can set your stop just below S1.

As for your take profit points, you could target PP or R1, which could also provide some sort of resistance. Let’s see what happened if you bought at market.

Support held at pivot point and PT hit

And bam! Looks like S1 held as support! What’s more, if you had targeted PP as your take profit point, you would have hit your PT! Woohoo! Ice cream and pizza for you!

Of course, it ain’t always that simple. You shouldn’t rely only on the pivot point levels. You should note whether pivot point levels line up with former support and resistance levels.

You can also incorporate candlestick analysis and other types of indicators to help give you more confirmation.

For example, if you see that a doji has formed over S1, or that the stochastic is indicating oversold conditions, then the odds are higher that S1 will hold as support.

Also, most of the time, trading normally takes place between the first support and resistance levels. Occasionally, price will test the second levels and every once in a while, the third levels will be tested.

Lastly, you should also fully understand that sometimes, price will just break through all the levels like how Rafael Nadal breezes through the competition at the French Open.

What will you do when that happens? Continue to hold onto your trade and be a sucker and watch your account dwindle away? Or will you take advantage and get back some pips?

In the next lesson, we’ll teach you how to take advantage when these levels break down.

运用轴心点在

区间交易(震荡)

       使用轴心点最简单的方法,就是把它们当成你平时的支撑和阻力位一样的使用。它就好像有效的支撑和阻力位,价格会重复的测试这些位置。

       当货币对多次触及轴心点的某个关键位置且被反弹,则这位置的强度越高。其实,“轴心”简单的说就是价格达到某支撑或阻力线后,就会开始旋转然后反转。

       如果你注意到某一个轴心点已经生效,它将可以给你一些不错的交易机会。

       如果价格上涨接近阻力位,你可以下些空单,并在阻力位上方设置止损单。

       如果价格已跌接近支撑位,你可以下些多单,并在支撑位下方设置止损单。

       看到了吗?就像你平时使用支撑和阻力位一样!没有什么难度的!

       让我们再来看看一个例子,这样你就可以意会了。这是个英镑/美元15分钟的图表。

       在上图中,你看价格正在测试S1的支撑位。如果你认为S1可以让价格反弹,那你可以做的就是进场做多,然后在下个支撑位的附近设置止损。

       如果你是比较保守的,你可以在低于S2设置一个较宽的止损。如果价格跌破S2,哪它很可能意味着不会再上涨了,所以S1和S2都可能转为阻力位。

       如果你是比较积极和自信,相信S1可以支撑住,你也可以把止损单设置在S1的下方。

       至于你的获利的目标,你可以把止盈定在PP或是R1,它们代表着不同程度的阻力。让我们来看看,如果你已经下了多单会这样?

       接着一下子!看起来S1的支撑是起到了作用!更重要的是,如果你的止盈目标是PP,你已经达到了你的目标。Woohoo! 冰欺凌和披萨将为你服务。

       当然,它不会一直是那么简单。你不应该只是单靠轴心点就开始交易。你应该要先查看轴心点的位置,是否和之前的其他支撑和阻力位重叠。

       你也可以配合蜡烛图来分析,或其他类型的指标来帮助你,获得更多的确认。

       例如:如果你看到一个十字星在S1形成,或者随机震荡指标已经显示了超卖,这样S1会造成价格反弹的概率就会比较高。

       还有,虽然大部分的时候,价格通常在第一个支撑和阻力位之间波动。但是偶尔的,价格会每隔一段时间就测试第二位置,或是第三位置。

       最后,你应该也完全了解,有时候价格可能会完全突破所有的支撑/阻力位,就像网球天王Roger Federer在Wimbledon的网球公开赛上一帆风顺一样。

       如果价格突破了你的所有支撑/阻力位,你会做什么?继续持有你的仓位,像个笨蛋衰仔一样,看着你账户的钱逐渐减少?还是你会利用这趋势,趁机赚回一些点数?

       在接下来的课程中,我们会教你当这些支撑/阻力位都被突破时,该如何趁势交易。