444# Support and Resistance with the Trend

Submit by Leon 26/04/2013

Time Frame H1 or 30 min.

Currency pairs:any.

Indicators:

Pivot Intraday,

LSMA in color (setting period 50),

Arrow,

Support and Resistance indicator.

This is a trend following system with signals based on trend (LSMA Indicator) and lines of the support and resistance.

Long Entry:

Blue Arrow,

BlueLSMA Indicator (50 period),

Short Entry

Red Arrow,

Red LSMA Indicator (50 period),

Exit Position:

At opposite arrow, Target Pivot Intraday or 4 pips before Pivot intraday levels,

Profit Target 20 pips-25 pips depends by currency pairs.

Stop Loss for buy blue dots, for sell red dots.

In the pictures Support and Resistance with the Trend forex system in action.

Share your opinion, can help everyone to understand the forex strategy.

Scalping System with I-Gentor (LSMA and EMA) - 

LSMA Metatrader Indicator -

The Red Sniper Forex System -

Trend Forecast Trading System - 

CCI Strategy Trading System -