View Full Version : What is PPZ?
Hi, english isn't my native language so I have a little problems with a few appellations.
What is PPZ?
Point P .... Zone ?
Thank's for response.
Greetings.
Hi,
Can you tell me how to calculate ppz for indices? like nikkei?
hi, Can you tell me the way to compute ppz for indices? like nikkei? It doesn't matter if you're looking to draw in PPZ's to a chart to get Foreign Exchange, indices, stocks, whatever. A PPZ - Price Pivot Zone - is a zone or point where price has fulfilled resistance/support numerous times. The vehicle is irrelevant - they're formed by price .
It's a visual thing - thus return in your weekly indices chart and search for areas that have strong support and resistance - these will probably be your PPZ.
Consider the chart below - I have marked in blue weekly PPZ - points at which price has fulfilled support and resistance repeatedly. In orange it's possible to observe a near-term PPZ.
Https://forexintuitive.com/attachments/1518489615857930265.jpg
If I zoom out, I will see my gloomy PPZ return to 2010 -
https://forexintuitive.com/attachments/1518489618252239415.jpg
Price will often react to these points. You'll find heaps of information.
Hope that helps!
Cheers!
I figure its a Term in the J16 thread, then it signifies
Pivotale Price Zone. . A level where price was Support and
acts now as RĂ©sistance, or vice versa ie where price Flips from
sup to Res or vice versa
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