Forex U Turn - New and Very Powerful Trading System

Oct. 14, 2010 - PRLog -- In a few days Jason Sweezey is going to release a new and very powerful trading system called Forex-U-Turn.

The Forex U Turn trading system covers and solves real frustrating situations in the Forex market that many Forex traders have experienced in their trading.

Vladimir Ribakov is a good friend and colleague of Jason Sweezey, and was deeply impressed with Jason’s system that he told him he is going to write a report about U-Turn situations in the market to his followers and he agreed to share it with you as well.

First of all, what is a U-Turn level?

A U-Turn level is a level in the market that we get a change of direction. For example, if the Eur/Usd was traded in an uptrend till 1.4000 and stopped there, we will see a new trend, a down trend since this level.

How can we recognize these U-Turn levels?

Well, there are many ways to recognize these levels. My preferred way is based on divergences. Some use support & resistance levels to do it, some use the Bollinger Bands, some use the ADX etc…

And to be honest, it doesn’t matter! The most important thing is to know what you are doing and how you treat these levels and your strategy.

Why are these levels so important?

Well, it is great question actually. Trading these U-Turn levels, is to trade against the trend, so why should anyone trade this way???

The answer is simple, you DON’T trade against the trend!!! You’ll be trading with the new trend from the very beginning once you recognized the U-Turn level!!!

SO, the benefit is all yours! No trader wants to join the trend after it moved 600 pips already. Right? Everyone wants to be aboard the train from the beginning… and that’s why understanding this U-Turn world is so important!

Is it possible to be there since the very beginning? The answer is NO! But, it is possible to be in the trade from a few pips since the move begins, and that’s what Jason’s U-Turn strategy does.

Can these levels be used on any financial market?

NO! The only market it can be used on is the Foreign Exchange market. You must wonder now how is that possible, let me explain this very important point.

The Forex market is a different market than any other financial market. And if anyone tells you ever that the technical analysis is the same for every market and you can trade the same strategies on any market, you must know that this person never really traded the Forex market, or never made profits in the Forex market.

You can read his full report following this link:

http://tradingtoollist.co.cc/trading-software/forex-systems/forex-u-turn-review/

Jason’s system uses the power of 3 indicators and a template he has designed himself which makes the system simple as 1-2-3 and eliminates any human judgment.

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