Dear friends, today considered forex strategy "Pulse reversal", but rather a graphical model or pattern, is very useful for fans of trade on pricing models and graphical analysis.
Model it allows accurately determine the time of reversal of the trend, or at least attempt to this reversal. Having studied and worked a little with it can only help it to profit from the market. Of the 10 entries for this strategy, 7 successfully reached the target value, that the ratio of profit / loss of 2 to 1 very impressive.
Currency pair - any strategy multicurrency.
Timeframe - recommend using the hourly chart (1H).
Bull model (buy) on forex "Pulse reversal" strategy:
1) There is a downward movement.
2) There is not very active correction upwards. That is, the candle inside this small correction, and the price does not go up. Ideally, the correction does not exceed 50% of the last drop. Lots of this correction is denoted as point "A".
3) The price shows signs of adjustment is completed. Pretty sharp and volatile candle with a black body. Further, the price may go down a little bit and even rewrite the last minimum (point "B").
4) On a fairly sharp pulse movement (this point is the most important !!!) rewrites the last price peak (point "A") and generates a point "C".
5) On the "A" point level, set a limit order to buy (assuming that the price has not passed away from her more than a stop-loss).
6) Stop-loss is set at a minimum of the last (point "B").
7) Take-profit set at a distance of two times larger than the size of a stop-loss orders.
After passing in the positive zone distance, which is equal to the size of the original stop orders, the transaction should be transferred to breakeven.
Bear Model (Sales) for "Pulse reversal" strategy:
1) is present upward movement in the market.
2) The graph is not very active downward correction. That is, the candle inside this small correction, and the price does not go down. Ideally, the correction does not exceed 50% of the last Fibonacci growth. Educated at least this correction is denoted as point "A".
3) The graph showing signs of correction is completed. Enough sharp and volatile candle with a white body. Further, the price may go up a little bit and even rewrite the latter formed the maximum (point "B").
4) On the motion of a sharp pulse (this point is the most important !!!) price rewrites the last minimum (point "A") and generates a point on the graph "C".
5) At the level of the point "A" is set Sell-Limit order to sell (assuming that the price has not passed away from it more than the value of the stop-loss).
6) In this case, a safety stop-loss is set above the last peak (point "B").
7) Take-profit set at a distance of two times larger than the size of the set stop-loss orders.
After the price will be in the positive zone distance is equal to the size of the original stop orders, the transaction should be transferred to the breakeven point.
