28# Fox Pivot Trading System
Fox Pivot indicators
Submit By Robinson 02/07/2014
Fox Pivot is an intraday trading system, based on the fast movement on the pivot dynamic levels (Fox Pivot Indicator)
Time Frame H1
Markets: (Forex Major, Indicies).
yellow line ( pivot level)
1° blue line r1 (resistance level)
2° blue line r2
3° blue line r3
1° red line s1 (support level)
2° blue line s2
3° blue line s3
Rules for Fox pivot trading System
Long Entry
place 1 pending 2 pips above r1 (target r2 or 18 pips stop loss pivot line yellow).
place 1 pending order 2 pips above r2 (target r3 or 18 pips stop loss s1).
Short Entry
place 1 pending 2 pips below s1 (target s2 or 18 pips stop loss pivot line yellow).
place a pending order 2 pips below s2 (target s3 or 18 pips stop loss s1).
Reversal Entry
Short Entry
When the price retraces from area r2 and r1 place a pendig sell order on the pivot line (target s1 or 18 pips stop loss r1).
Long Entry
When the price retraces from area s2 and s1 place a pending buy order on the pivot line (target r1 or 18 pips stop loss s1).
Happy trading
Pivot Trading System
