"Pyativolnovye reduce FOREX"

When the uptrend ends, the same crowd that has just raised the price, forcing another reduction. Bulls calm down in the mistaken belief, even though upward momentum is weakening, and formed the model top. When the "smart money" will go away quietly, trend breaks the critical point. Bulls suddenly realize that they are trapped. In an effort to protect the profits they start to get rid of the shares. Price drops and sales are growing wave after wave.

In most figures the price reduction observed common characteristics. Formed and punched a few false minima. Volume worries on as losers unload their positions in the waiting crowd. Price confidently held last goal down one after another. Then, in the collapse of all hopes, the action makes a final multiple bottom.

Analysis of the figures provides short-term traders excellent opportunity to understand the repetitive behavior of the market and benefit from profits. Check out the work of RN Elliott in the 1930's and you'll find Pyativolnovoe decline. This structure is as valid today for a price correction, as it was 60 years ago. How to model crowd behavior, traders can use it even without understanding the general theory of Elliott Waves.

5 waves consist of three downward impulses and two corrections. The first pulse (peak) corrects the uptrend that has led to a new maximum asset. From this peak begins to decrease prices, which ends the second momentum: a technical breakthrough campaign. As was the case with growing markets, this impulse can be very dynamic. But in most falls, the worst usually is reserved for last. When this second pulse ends, the false bottom of the picture brightens calming, sales slowed and appear timid bulls. Then suddenly renewed selling and moving into the final third pulse, which is so emotional that the price break through all conceivable targets and levels of support.

The emotions of this latest wave of selling pressure quench, the action jumps. This rapid upward movement ignites the first impulse significant counter-trend. But the strong rise suddenly fails. After all, the bulls are constrained by the recent painful experiences, but at least the preceding unexpectedly withheld. But there comes a new crowd, and the price is considered as a form of double bottom lines of trend. The balance of power changed again and the stock breaks through the line, moving into a new uptrend.

An experienced eye can see pyativolnovoe reduction at all time scales, from 5-minutes and the monthly charts. These variables are quite consistent with the general movement of the concept of greed, which turns the cyclical trends in the orderly and predictable process. And who do not understand the behavior of the crowd, represented by this model, left out of financial markets.

Strategy Forex Trendlines - an elementary trading system, the profitability of which I was simply amazed

Strategy Forex Trendlines - an elementary trading system, the profitability of which I was simply amazed (see report at the end of this strategy, forex trading, although not final), it uses only a retreat from the trend lines, built on the 2-3 time-frames, and the same rules of entry and exit from it and nothing more!

And although the strategy is somewhat similar to the strategy forex "Trand Lines", but still I could not resist so it did not publish because by easily increased his score to the sum of more than 330 000 $ within a very short time - about 2 months, this was the trading strategy (10 k) ...

For trade I recommend to choose Forex DC with Metatrader 4

This strategy is suitable for any forex currency pairs, and virtually any time-frame, but it is desirable to use the interval above M5. Although the author without any obstacles and sells at intervals M1. But it recommends that still kept an eye on the larger intervals, as on them and profits are much greater and the time before the monitor you just spend less. Also do not forget that in the interval M1 profit may be 5-10 points, and at the same spread 3-4 points, that just is not quite rational!

So, suppose we have chosen to trade a currency pair EURUSD, the interval M15. Therefore, we must first determine which seeks trend at 2 intervals above our chosen, ie M30, H1. And at this bargain we will only in the direction of this trend!

Ie If the line for 2 +'s traded timeframe (M15) directed upwards, then we'll buy at the approach to the data lines, but not limits, but deferred orders Buy Stop, which are exposed above 5 points, than contact with the candle This line - "the candle lights out"!

Accordingly, in the direction of the lines down, we'll be selling when prices approach to the data lines from the bottom up in respect of deferred Sell Stop, which are set below the candles come into contact with trend lines pointing downwards!

Stop-loss in this case will stand for 5 points below the "pneumatic candles" in transactions for the purchase, and 5 points above the "pneumatic candles" for a transaction to sell.

Take-profit set to the nearest local maximum (5-10 points lower) for the transactions for the purchase and the nearest local minimum (5-10 points vyzhe) for transactions in the sale.

At the same stop-loss, I recommend to move to closed candles (again, 5 points lower or higher - depending on the transactions). For these purposes, you can use a universal trailing stop (trailing by candlelight).

And although the picture quality of the report put it mildly, not very ", but the final profit in it for the period from 09.29.2008 -01.10.2008 - $ 9895, and the total balance of $ 14895!