Pivots + RSX + Stochastic on M15 & M30 - Intraday rangebound

Indicators :

- Stochastic (10,5,5) with 15 and 85 levels.
- rsx (12) with 20 and 80 levels.
- MACD Divergence (just an addon..not necessary)
- Pivot Points ( daily , weekly , monthly )

The Pivot points show us the daily range which is likely to be filled within the london and ny session.
Mostly we see PA between Daily S3 and R3 if we dont have a runner ( fundamental days eg. ).
Pivot points are being calculated day by day, means we always take a intraday view.... analyzing the weekly or even the monthly frame is BS in my eyes...

anyway if we have our daily range we obv. try to buy low and sell high.

so if ....

- rsx (12 ) is below 20 area
- stochastic shows oversold market condition (below 15 area)

we actually gonna buy. If price is just above a daily support or a daily midlevel we are likely to buy it.
If we have an additional bullish divergence on the MACD window we have a quiet low risk and easy buy.

Targets should always be next pivot levels....always cover positions by moving sl to be(+1).
Stops above/below next pivot level +5-7 pips in addition.
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We might add the following to entry conditions :

-We only buy above the daily pivot level.
-We check the overall (daily-TF) trend and buy or sell depending on it
Each move does have a correction move.... so we try to play the significiant levels ...in this case the pivots.