Which Pivot Point formula is best for Day Trading?

Most day traders prefer Standard (Floor) Pivots for general trend direction and Camarilla Pivots for scalping ranges. Fibonacci pivots are best for finding retracement entries in strong trends.

Why is the New York Close important for Pivots?

The New York Close (5 PM EST) marks the end of the official Forex trading day. Using this closing price ensures your Pivot Points align with the levels watched by institutional banks and algorithms.

Forex Pivot Point Calculator (NY Close) | Daily Support & Resistance

Daily Pivot Points (NY Close)

Select an asset below to scan yesterday's Institutional Price Action and project today's key levels.

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The Pro Trader's Guide to Pivot Points

Why the "New York Close" Matters

In fast-moving markets, calculation accuracy is everything. Many free calculators use GMT midnight data, which creates "false" levels. Our system connects to institutional data feeds to pull the exact settlement prices for the New York Close (5pm EST).

This ensures your Resistance (R1, R2, R3) and Support (S1, S2, S3) levels align perfectly with the levels bank traders and High-Frequency Algorithms (HFTs) are reacting to.

🚀 Strategy 1: The Central Pivot Bounce

Context: In a trending market, price will often pull back to the Central Pivot (P) before continuing.
Trade: If price is above P, wait for a retracement down to P. Look for a bullish rejection candle (wick) touching the Pivot line. Enter Long targeting R1.

Choosing Your Formula

Standard (Floor Pivots): The default setting. Use this for general trend determination. If price is above the central Pivot (P), the day is generally bullish.
Fibonacci: Adds the "Golden Ratio" (38.2% and 61.8%) to pivot calculations. Highly effective during strong trending days to find precise pullback entries.
Camarilla: Best for range-bound days. Institutional traders often "fade" moves that hit R3/S3 (reversal) and trade breakouts only if R4/S4 is breached.

⚡ Strategy 2: The Camarilla Breakout

Context: When volatility is high (e.g., after News).
Trade: Switch the calculator tab to "CAMARILLA." If price aggressively breaks R4 (Resistance 4), it implies a strong breakout. Enter Long, targeting the next psychological round number. If it breaks S4, enter Short.