Ts Money Flow trading system is short term Forex trading system designed to capture the trend in the forex market. This trading system consists of Long Term moving averages, support and resistance Bands, Pivot Points, and AO Zotic indicator which filter the wrong trade out of this trading system. Trading Pullbacks in the shorter time frame when a higher time frame is trending can be a very profitable trading strategy for Forex Market.
An exponential moving average of 250 is used in this trading system to identify the main trend of the price action.EMA is more sensitive as compare to SMA since it gives more importance to recent price action.
If the price is trading above the EMa and the slope of EMA is uptrend price is in an uptrend and if the price is trading below the EMA and the slope of EMA is down then the market is in a downtrend.
Bands are created by using a very long-term moving average and the slope of such bands also confirms the trend. Bands also provide support and resistance level for the price action and in this trading system, bands are used for taking entry for the trades.
Short-term pivot levels are also plotted which are based on last day open high close and it is used for placing stop loss and targets for the trades.
TS Money Flow Trading System Explanation
AO Zotic indicator is used as a confirmation indicator for taking the trades. If all the lines in the AO Zotic indicator are below the zero level then traders should look for sell trades and if all the lines are above zero level then traders should look for long trades.
I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.
Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.