**How To Calculate Pivot Point**

Calculation of Pivot Point is very essential to every Forex and Volatility Index trader.
#### Technically, as a trader, you need to learn how to to calculate pivot point levels.

Aside the regular online Pivot Points calculator applications that are available nowadays, one must have an idea on how it is being calculated.#### However, Pivot Point plus Support and Resistance levels are easily computed by marking the last trading session’s open, high, low, and close.

You are aware that forex runs a 24-hour market, hence forex traders use the New York closing time of 9:00 GMT as the previous day’s close.## Pivot Point Calculation

To calculate pivot point, follow the steps below:**Pivot point (PP)** = (High + Low + Close) / 3

You will calculate Support and resistance levels by using the steps below:
For first level support and resistance, same as Support 1 and Resistance 1:
**First resistance (R1)** = (2 x PP) – Low price

**First support (S1)** = (2 x PP) – High price

For second level of support and resistance, same as Support 2 and Resistance 2:
**Second resistance (R2)** = PP + (High price– Low price)

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

For third level of support and resistance, same as Support 3 and Resistance 3:
**Third resistance (R3) **= High price + 2(PP – Low price)

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

By using Microsoft Excel work sheet, you can easily program this steps for your every day use.
Below is an image of Pivot Point computation on an excel sheet for Volatility 75 Index.
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**I Blew It Again!**The image below shows Pivot Point computation on an excel sheet for EURUSD. Below is an image of Pivot Point computation on an excel sheet for XAUUSD.

Good

How do I calculate the pivot

you may use calculator or microsoft excel to calculate pivot point with the formulas on this page

So right and remind that .

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