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Forex Daily pivot bounce

Discussion in 'Forex Forum' started by tellboy, Apr 30, 2015.

  1. tellboy

    tellboy Guest

    The strategy for the daily pivot bounce is simple and effective. Step one is to identify a currency that is in a steady stepped-up major trend. When a currency is trending up in such a way, it usually moves in unison with a basket of paired currencies. Therefore as many as four pairs may be traded in unison. The first set of attached charts of EUR show price action on a 10 m time frame. The lower set shows the same pairs on a 30 m time frame which allows us to clearly see the stepped-up rising trend.

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  2. Diego San

    Diego San Member

    Dec 10, 2019
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