The strategy is not time frame dependent but smaller time frames do have.
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The floor traders method is a forex trading strategy designed to capture the continuation of a trend using a combination of two moving averages.
Floor trading has become increasingly rare as electronic trading.
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There are a few ways that these floor trader pivots can help you in your trading.
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Smart forex traders can use this information to place their entry orders just below this or just below the s2 level to try and capture any further.
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A floor trader is an exchange member who executes transactions from the floor of the exchange exclusively for their own account.
For example let s say you see that the s1 level is broken.
It was originally designed as a swing trading strategy but with a few tweaks day trading the floor trader method can work very well depending on the currency you are trading.
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How to use floor trader pivots to improve your trading.
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