Forex Advanced Technical Analysis – Forex Pivot Point Support Resistance Trading System with Market Volume and MACD Indicator

How to make forex trading decisions based on volume – High Accuracy and Easy Forex Pivot Point Support Resistance Trading System with Market Volume and MACD Indicator.

 
Volume is required to move a market, but it’s a particular type of volume that really matters: institutional money, or “smart money,” which is large amounts of money being traded in a similar way, thus affecting the market greatly.
 
Only volume shows when price is being affected by this type of activity. Knowing how institutional money operates, we are able to track those traders and trade along with them, so that we’re swimming along with the proverbial sharks rather than being their next meal.
 

Pivot Point SR Trading Volume Rules

 
Trading requires reference points (support and resistance), which are used to determine when to enter the market, place stops and take profits.
 
Many strategies can be developed using the pivot level as a base, but the accuracy of using pivot lines increases when Japanese candlestick formations can also be identified.
 
For example, if prices traded below the central pivot (P) for most of the session and then made a foray above the pivot while simultaneously creating a reversal formation (such as a shooting star, doji or hanging man), you could sell short in anticipation of the price resuming trading back below the pivot point.
 
And this Forex Pivot Point Support Resistance Trading System with Market Volume and MACD Indicator is highly effective Pivot trading system.
 

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BUY Rules
  • Price is above the SMA 30 , SMA 20 EMA and 12, which run in parallel.
  • The NOISE UP DOWN is above the 0 level and blue.
  • The NOISE UP DOWN MTF is above the 0 level and green.
  • TREND NOISE (21 ) is blue.
  • TREND NOISE (50 ) is blue.
  • Volume bar ebove yelow line.

 

SELL Rules
  • Price is below the SMA 30 , SMA 20 EMA and 12, which run in parallel.
  • The NOISE UP DOWN is below the 0 level and gray.
  • The NOISE UP DOWN MTF is below the 0 level and gray.
  • TREND NOISE (21 ) is gray.
  • TREND NOISE (50 ) is gray.
  • Volume bar ebove yelow line.

 

Trading Tips

Focus on your trades and learn to love small losses.
 
The most important thing to remember is that your money is at risk. Therefore, your money should not be needed for living or to pay bills etc.
 
Consider your trading money as if it were vacation money. Once the vacation is over your money is spent.
 
Have the same attitude toward trading. This will psychologically prepare you to accept small losses, which is key to managing your risk.
 
By focusing on your trades and accepting small losses rather than constantly counting your equity, you will be much more successful.
 
Secondly, only leverage your trades to a maximum risk of 2% of your total funds. In other words, if you have $10,000 in your trading account, never let any trade lose more than 2% of the account value, or $200.
 
If your stops are farther away than 2% of your account, trade shorter time frames or decrease the leverage.


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