Maximize profits with Forex Strategy ICWR

ICWR means is impulsive / corrective wave retracement. The system ICWR Forex is a list of rules that traders use to determine when to enter and exit the forex market.

The forex system ICWR is based on a combination of Elliott Wave Theory and Fibonacci ratios, is based. Retailers have found that corrective waves have a tendency to wave the previous pulse, that can play with a Fibonacci ratio.

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So what are corrective waves? Corrective waves are short-term corrections that go againstThe long-term market development. The big wave in accordance with long-term market are called impulsive waves. Open a diagram of a major currency (eg GBP / USD) with the time count of every day and you will easily see the long-term trend, along with some corrections in order.

The most common Fibonacci ratios in the system are observed ICWR 25%, 38%, 50%, 61% and 75%.

Many operators use the system with a system ICWR Forex existing entry, and support their initialStrategy to squeeze the most possible profit from the market. Many retailers have discovered that the administration is a profession, and determine the exit point leading to the choice of an entry point and direction to trade

ICWR The system is very easy to use. You just want to open a graph of an interval, you will find the action, the preceding impulsive movement (in the direction of long-term trends) and calculate the Fibonacci ratios. Now select the Fibonacci ratios to the paper. For example, if theUP was the previous impulsive movement of 100 pips for the Fibonacci ratio of 25%, you can launch a line of 25 pips below the top of the impulsive movement. Many graphics packages of a Fibonacci function is integrated, the calculation of the Shares and the marking of lines for you.

These Fibonacci ratios can then be used in several ways:

- Go to the stop loss in every impulsive movement to maximize profits and minimize risks in your favor (the ratio of 75% is commonly used for this)

- Determinationif the corrective movement is likely to end in order to identify good entry points.

Traders often tend to panic if their trade is in profit and starts to go against them. Using the system ICWR you are ready to ride the waves of a correction to the squeeze-out of the profits from the market.

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Maximize profits with Forex Strategy ICWR

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