MBFX trading system can be applied on any currency pair and timeframe. Although the most commonly used timeframe is H1. The space between the two green and red lines represent the area where to buy and sell, while area defined mostafa belkhayate forex two grey lines is neutral.
The rest two Belkhayate Timing and MBFX Timing oscillators are used for confirmation. 8 and below 30 to buy. In both long and short cases, take profit will be the blue centre line. However, if entered in the direction of a trend, further grey line could be used as a second TP. Hence, to increase profitability, it would be advisable to enter the market in the direction of Belkhayate Barycenter center of gravity. The example above proves the point, out of 3 counter trend orders only 2 were successful.
You can’t beat the trend, thus be more cautious and use right risk management when taking counter trend orders. Meanwhile, stop loss levels could be set at either above or below the subsequent deviation line, nearby support or resistance level, or based on your personal analysis. You will be forwarded to download after purchaseBUY NOW14. Это стандартный тест системы безопасности для проверки подлинности аккаунтов.
May 2011: A large number of fake positive reviews submitted. The FPA recommends a very high level of caution dealing with this company. Other websites related to this company include www. FPA to remove the statement about it being related to MBFXSystem. The possible relationship was brought to the FPA’s attention by 2 fake reviews submitted from France. One claimed to be from the UK, the other from the USA. One was posted to this review page.
The other submitted New Trading System as a new site in the reviews. The FPA does not know whether these companies are related by ownership or not. It does appear that there may be some relationship in the source of their trading methodology. Let other traders know if this service is worth checking or should be avoided. I was about to give up on forex trading until I found this trading system. 7 trades on the daily timeframe. Only downside is that there are not alot of trades on the daily timeframe.