Today GU S1 to pivot then U turn back from pivot to S1, S2. Thot you will profit? 

Anyway, 7% still good ah! Huat ahhh 

thank you for details.. i am using oanda .. just a bit curios hoe to use the pivot coz i tried to draw on the chart but i looks to simple and further i do not know at which candlestick should i start the pivot points....hope you can give some advise.. a  bit blur

thank you for all the advises... will do it soon... yeap i noticed in oanda have to draw by myself.. but i try to use metatrader4 since i have that for my demo account

thank you sifus

ooo..... i never know that... thank you again... ok in oanda they have chart like 5 min, 15 min, 30 min, 1 hr and 3 hr and 1 day chart... so i will take the one day chart... use the last candle stick and draw after the calculation... can we use the last session candle stick say for london session or new york session...???

luqmanz, if you're free please attach this indicator to see whether the pivot points drawn similar to yours or not.

Just paste it into MT4>Experts>Indicators>  , restart your MT4 and paste it on your chart
http://number1234.com/a/PivotsDaily%20v2.mq4  (right click and save as)

dont know how to paste mine for u to see la...

mine same with Luqmanz.. looks like cable going for pivot

it works.... haaa finally it works...thank you so much

sifu is back.... any hint la....

I notice that the formulas used in the calculator you gave us are different from the ordinary ones i found in the internet.
The formulas i know are
Resistance 3 = High + 2*(Pivot - Low)
Resistance 2 = Pivot + (R1 - S1)
Resistance 1 = 2 * Pivot - Low
Pivot Point = ( High + Close + Low )/3
Support 1 = 2 * Pivot - High
Support 2 = Pivot - (R1 - S1)
Support 3 = Low - 2*(High - Pivot)

and from here http://www.babypips.com/school/how-to-calc...vot-points.html

Would you mind explain to us what are the difference they made and which one should we follow?
Thanks in advance..

PP, S1, S2, R1 and R2 are the same. Only S3 and R3 are different. S4 and R4 i dont know, cause those sites i read only give formulas till S3 and R3.

PP, S1, S2, R1 and R2 are the same. Only S3 and R3 are different. S4 and R4 i dont know, cause those sites i read only give formulas till S3 and R3.

it allows us to choose between formulas. for S3 and R3, the default formulas are PP+Range*2 and PP-Range*2. but if i select the formulas below them, they give the S3 and R3 according to the ones calculated from babypips.com.

u know wat the differences? and which one to use??

My GU area of interest for today is between 1.6107 and 1.6049 (Pivot - S1)

looks like 1.6300

Forex newbie here... Just been introduced by my friend last month to FOREX world. Currently on demo account using InstaForex Platform.

Are you on InstaForex platform? If yes I have a question to ask? I want to open trading account at InstaForex

Which one I shall choose in 
1. Account Type
2. Trading Server Location
3. Leverage

Any other Trader know about this also welcome to answer it... 

What it mean by no spread, just commission... Sorry, really noob here...