Forex BASIC – Zig Zag Super Signals Price Action Trading System

Forex Trading BASIC – Zig Zag Price Action System and Strategy. The”Zig Zag Super Signals Price Action Trading System” is used to help identify price trends.

Trading NOTES

• DOWNLOAD these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
• Use a demo account or a small live account first to practice this trading system

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The Zig Zag indicator eliminates random price fluctuations and attempts to show trend changes.  Zig Zag lines only appear when there is a price movement between a swing high and a swing low that is greater than a specified percentage; usually 5%.

By filtering out minor price movements, this “Forex BASIC – Zig Zag Price Action Trading System” makes trends easier to spot.

• Time Frame: H1 or higher
• Currency Pairs: GBPUSD, EURUSD, USDCAD, AUDUSD, and USDJPY

• ZigZag Indicator
• Auper Signals
• Stochastic Oscillator
• Commodity Channel Index

• When there is a zigzag, super signals BUY arrow, and the stochastic oscillator has been upward above the 20 level.
• Commodity Channel Index line above 50 level

• When there is a zigzag, super signals SELL arrow, and the stochastic oscillator has been downward below the 80 level.
• Commodity Channel Index line below -50 level

• Exit position options
  • at the opposite arrow
  • Predetermined profit target with Risk Reward Ratio 1:2 or 1:3
• Initial stop loss below or above the previous Super Signals arrow

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