all credits go to exclusivefx for the strategy.
the strategy is simple when price touches price as support you buy at daily price level and ride to the next price point on chart. if it goes -35 pips with momentum then close the trade and enter the sell and ride it down to the next price point below.
if the price touches as resistance you sell at the daily price level to the next price point on chart. if it goes -35 pips with momentum then close the trade and enter the buy and ride it down to the next price point above
the strategy is simple when price touches price as support you buy at daily price level and ride to the next price point on chart. if it goes -35 pips with momentum then close the trade and enter the sell and ride it down to the next price point below.
if the price touches as resistance you sell at the daily price level to the next price point on chart. if it goes -35 pips with momentum then close the trade and enter the buy and ride it down to the next price point above