Make Money Trading Reversal Signals with MBFX ZigZag Turtle System. This is the easy way to BUY Bottoms and SELL Tops in the forex market with confidence.
If you have been trading stocks or currencies long enough you must have heard the famous saying: “SELL High and BUY Low” or “SELL Tops and BUY ”.
I won’t try to explain what it means, just Google it, there’s plenty of information on the internet.
Many traders use this kind of strategy. But, however, there’s some potential danger when trying to apply this kind of rule.
SELL High and BUY Low” or “SELL Tops and BUY ” trading idea can be extremely confusing and risky.
Any trader that is interested in “buying low, and selling high” will need strategies to help identify when major price moves (either bullish or bearish) are establishing themselves in the early stages.
Of course, all traders should be looking for areas to buy low, sell high — and one of the easiest ways of successfully entering into trending positions is through the use of “MBFX ZigZag Donchian System”.
With this trading system, we can estimate the major trends have reached an exhaustion point, as prices enter into oversold/overbought territory in preparation for a major trending turnaround.
These turning points mark the “high” and “low” points in the all-important trading maxim, and for these reasons, the “MBFX ZigZag Donchian System” should be utilized as part of regular trading routines.
- Best Time Frames: H1, H4, and Daily
- Recommended Currency Pairs: EURUSD, GBPUSD, USDJPY, and all major pairs
- MBFX System
- ArrZZx2
- AK ZigZag
- AK ZigZag Pointer
- Reversal Signals
- Donchian Channels
- Trade Momentum
- RSI (8)
ArrZZx2, AK ZigZag, AK ZigZag Pointer, and Reversal Signals indicators are REPAINT but no problem. We only trade when all indicators are confirmed.
- The price reaches a local minimum (under the green MBFX System wavy line)
- The arrows appear to signal a trend reversal
- Trade Momentum begins to move upward (blue) from oversold area
- Use lower band Doncihan Channels as stop-loss and trailing stop area
- RSI (8) line upward above 50 level
- The price reaches a local maximum (above the red MBFX System wavy line)
- The arrows appear to signal a trend reversal
- Trade Momentum begins to move downward (red) from overbought area
- Use upper band Doncihan Channels as stop-loss and trailing stop area
- RSI (8) line downward below 50 level
Remember that the “MBFX ZigZag Donchian System” is not something you will master overnight.
SELL High and BUY Low” or “SELL Tops and BUY ” trading idea can be extremely CONFUSING and RISKY.
So… How to BUY Bottoms and SELL Tops with Confidence…?
The only answer is DISCIPLINE to follow the “MBFX ZigZag Donchian System” rules as we discuss above.