Last updated: May 8, 2025

System Forex Pivot Point Strategy

This pivot strategy uses 5 minute timeframe and is applicable to major pairs.

Forex Indicator:

• Pivot Points

Long Trades:

• The currency price must trade in the vicinity of the oversold S1 or S2 support level.
• Price isn’t able to close below S1 or S2 (otherwise skip the trade).
• Wait for the price to be bullish in the vicinity of S1 or S2.
• Now go long according to the bullish pattern’s trading rules and place stop accordingly.
• Target Profit five pips before the Pivot level.

Short Trades:

• The currency price must trade in the vicinity of the overbought R1 or R2 resistance level.
• The price isn’t able to close above R1 or R2 (otherwise skip the trade).
• Wait for the price to be bearish in the vicinity of R1 or R2.
• Go short according to the bearish pattern’s trading rules and place stop accordingly.

Recommended MT4 Broker

XM Broker

• *Free $50 To Start Trading Instantly! (Withdraw-able Profit)
• Deposit Bonus up to $5,000
• Unlimited Loyalty Program
• Award Winning Forex Broker
• Additional Exclusive Bonuses Throughout The Year

>> Sign Up for XM Broker Account here <<

Click here below to download:

Save

Save