PivotTo () Moves the object such that its pivot will be located at the specified CFrame. This allows for uniform object movement of both individual parts and models. BasePart.PivotOffset. The CFrame which specifies the pivot offset; effectively the offset of the pivot from the CFrame of the BasePart .*. High 1 and High 2 of the Pivot Point (High/Low) indicator. The High 1 will be the first bar having a high price above the high price of the previous bar. There must be a sideways or down move within a trading range or an uptrend for the High 1 to appear. The High 1 temporarily halts the downtrend or sideways trend. Now that you have seen the different ways other traders use pivot points in trading, it is fine to consider how you can develop a good trading strategy using the indicator. If you are a day trader, you can use the daily and weekly pivot points on intraday timeframes like 5-minute, 15-minute, 30-minute, and 1-hour timeframes. 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. The more times a currency pair touches a pivot level then reverses, the stronger the level is. Price bouncing back from a pivot point in the opposite direction is an indication that the price is respecting the pivot level and the trend is reversed. If this bounce from the pivot point is on the upside, it’s a possible cue for traders to enter buy positions. However, if the bounce is on the downside, traders may enter sell positions. When trading Broadcom, instead of using an A up of $0.27 to trade short-term using the daily OR, the longer-term trader would apply a half-year A up of $2.50 to $3 above the half-yearly pivot Pivot points are calculated using the high, low and close prices of a previous day, week or month. The main pivot point (PP) is the central point of all the other pivot points. The main PP is also known as the “pivot” because it is used to calculate the support and resistance levels for the current day, week or month. Description. Pivots Points are price levels chartists can use to determine intraday support and resistance levels. Pivot Points use the previous days Open, High, and Low to calculate a Pivot Point for the current day. Using this Pivot Point as the base, three resistance and support levels are calculated and displayed above and below the Pivot In this video I explain how day trading with Pivot Points can enhance your scalping skills by showing you key areas of support and resistance. The Pivot Poin 9dYe.