Support and Resistance Trading Strategy with Super Fast BS Trend Filter

Price Action Trading Strategy – Support and Resistance Trading Strategy with Super Fast BS Trend Filter.

Trading NOTES

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• Use a demo account or a small live account first to practice this trading system

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This Support and Resistance Trading Strategy with Super Fast BS Trend Filter is a template for forex that has as purpose, interpretation of the movements of the currencies with static levels in the space: Support and Resistance.

• Time Frame: M15 or higher
• Currency Pairs: GBPUSD, EURUSD, AUDUSD

• PZ Support Resistance Fixed
• SupDem 4Z
• 3 Level ZZ Semafor
• Dynamic Zone and pa inverse fisher
• Hull ribbon
• TM setting 4H and h1
• TM555 20 period – 2.5 deviations (current time frame)
• TM555 30 period – 2.4 deviations (240min time frame)
• TM555 30 period – 2.4 deviations (1440 time frame time frame)
• BST Trend
• Super fast

• Wait until an area of SUPPORT is formed
• Make sure that this SUPPORT AREA is tested by the action of the price
• Getting into buying when the trend indicators align: super fast blue bar, hull crosses upward the TM555 and inverse fisher blue line.

• Wait until an area of RESISTANCE is formed
• Make sure that this RESISTANCE AREA is tested by the action of the price
• Getting into selling when the trend indicators align: super fast red bar, hull crosses downward the TM555 and inverse fisher red line

• Profit target ratio = 1:2 or 1:3
• Stop loss below/above Support or Resistance area

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