Simple Pivot Point Forex Strategy (Using Fibonacci Pivots)

Uploaded by Robert Kelley on March 20, 2020 at 6:01 am

https://tradingnut.com/clayton-allen/ – Full Podcast Interview

To compliment his automated trading, Clayton Allen uses a simple Forex Pivot Point trading strategy using the Fibonacci Pivot Point settings on TradingView.

The strategy follows a bounce from the pivot point to either the R2 or S2 level and takes the trade (with some discretion) on it’s way back to the pivot.

You’ll also get a look at where Clayton places his buy and sell zones and how he uses these to filter out some trades.

This strategy can be used on the daily, hourly, even 5 minute chart, but becomes less reliable on the lower timeframes.

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