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Stochastic Cross Forex Pivot Points Strategy
This Trading System is a reversal forex strategy based on pivot points levels indicator and stochastic cross alert.
This strategy is simple and it’s easy to understand. Here are the rules.
For BUY:
- Wait a buy arrow below pivot point levels (green line).
- Buy below pivot central line.
For SELL:
- Wait a sell arrow above pivot point levels (green line).
- Sell above pivot central line.
You can open 3 maximum positions at the same time.
Exit position:
- Exit at the opposite stochastic cross alert or at the pivot points levels.
- Stop loss 3 pips below or above at the previous pivot line or 20-25 pips.
Warning: this strategy is not for beginners
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