22# Levels Reversal Trading System

Pivot Point Levels Reversal Trading System

 

Submit By Maximo Trader 07/08/2013

 

Time Frame 4H or daily Time Frame

Currency paors:eurusd - audusd - usdcad - usdjpy - usdchf - nzdusd - gbpusd audcad – cadjpy-gbpjpy - eurjpy - gbpaud - eurgbp – audchf - gbpcad.

 

This tradind system Reversal is based on the pivot point leves and jmo indicator.

This trading system is very simple and effective this is anther secret revelead!!!

Trading rules:Levels Reversal trading system

Forex indicators:

Pivot points Levels,

JMO indicator.

 

Buy

When that the price breaks a support Pivot Point level, wait that jmo indicator come back up from overbought area and crosses upward.

 

Sell

When that the price breaks a resistant Pivot point level, wait that jmo indicator come back down from oversold area and crosses downward.

 

Stoploss: Place your stoploss 10 pips above or below the previous swing.

Target: First target is 20 pips, Second target is 50 pips. And you can look to close above 50 pips if you

see fit. The strategy is meant to be entered with a full position at once.

You may extend your target later once you master the strategy, but ALWAYS let your target be at least

60 pips away from the next level on daily chart trade pick and 20 to 30 pips on a 4 hours chart trade pick

in case if you want to extend your target.

Profit Target also on the Pivot points leves or Fibonacci levels.

This Strategy is very good for trading with binary options and options.

Comming soon Trading rules for trading in binary options ( in the section of the site).

 

In the pictures below Levels Reversal Trading System in action.

Level Reversal Trading System: Template and indicators
Level Reversal Trading System: Template and indicators.
Level Reversal Tradinf System.rar
compressed file archive 10.0 KB
Levels Reversal Trading System
Levels Reversal Trading System: Template
Level Reversal Tradinf System.rar
compressed file archive 10.0 KB
Levels Reversal Trading System
Levels Reversal Trading System
Levels Reversal Trading System
Levels Reversal Trading System

 

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Comments: 1
  • #1

    chuks .e (Friday, 05 December 2014 20:51)

    I love this strategies almost each of them a nice, am new to binary hope to find the best for trade.

    cheers.