What is PPZ? Forex Factory

some helphul common terms for forex traders

Common terms:

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It doesn't matter whether you are looking to draw in PPZ's to your chart for forex, indices, stocks, whatever. A PPZ - Price Pivot Zone - is a point or zone where price has met resistance/support numerous times. The vehicle is irrelevant - they are formed by price alone. It's a visual thing - so look back at your weekly indices chart and look ... What is PPZ? 4 replies. Trading with Praised Prominent Zones (PPZ) 28 replies. Adding an indicator to an indicator 10 replies. Indicator/Trendline Pips indicator 2 replies. add indicator to an Indicator 4 replies PZ Day Trading Indicator is a range-based indicator, exceptionally well for breakout traders. It borders the areas of price ranges and signals for possible price breakouts with directions. Besides, it helps you to determine the stop-loss positions and also assists in identifying the ideal trade exit areas. 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. -NEW SIGNAL- Type : Pending Order Date : 26.8.2016 Time : 00:30 GMT+1 Technical : PPZ Trade Pair : EURGBP Timeframe : Daily Trade setup : Sell limit Entry at : 0.86066 ( 55 pips left ) Take profit 1 : 0.84985 ( 110 pips ) Take profit 2 : Take profit 3 : Stop loss : 0.87147 ( 110 pips ) Risk reward : TP1 – 1:1 TP2 – TP3 - Our risk : - Touch trades/Wick plays =...

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