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Apr 09, · Semafor If you are really want to play it safe you can take advantage of the normal semafor cycle to filter trades. Once a high semafor is painted, wait for a buy signal (green dot) but do nothing - instead wait for the next sell signal (red dot) and enter short. 3 Level ZZ Semafor System is an Price action with momentun forex strategy. Time Frame 1H, 4H or daily. Markets: Forex, Indicies, Futures, Metals: Gold and Silver.
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How to work with the economic calendar For that, we shall need an additional indicator that reduces noise and indicates clearly if there is indeed an actual trend in the works.
We can also see how the semafor trading system would have worked during a downtrend in the same image above. Was the article useful for you?