Join me @ IBOtoolbox for free.
Petrus Slatineanu
Member Since: 4/2/2012
  
performance / stats
Country: Italy
Likes Received: 1548
Featured Member: 3 times
Associates: 461
Wall Posts: 1307
Comments Made: 712
Press Releases: 92
Videos: 2
Phone: 3249961164
Skype:     petrus viorel slatineanu
profile visitor stats
TODAY: 3
THIS MONTH: 175
TOTAL: 56313
are we ibo associates?
business links
member advertising
active associates
Velma Joseph     
Last logged on: 2/16/2019


New Macro JobHouseRanger    
Last logged on: 2/16/2019


Dorothy Allen    
Last logged on: 2/16/2019


Athena Gay    
Last logged on: 2/16/2019


Dwight Walker    
Last logged on: 2/16/2019


Louise Kinnear    
Last logged on: 2/16/2019


Eugenijus Sakalauskas    
Last logged on: 2/16/2019


Felicia Anderson    
Last logged on: 2/16/2019


Sayarun N    
Last logged on: 2/16/2019


Sule Yesufu    
Last logged on: 2/16/2019


QUEENHAJAR AKANQI    
Last logged on: 2/16/2019


Bill Bateman     
Last logged on: 2/16/2019


John Aiken     
Last logged on: 2/16/2019


Ayojide Buremoh    
Last logged on: 2/16/2019


Vernon Wallis    
Last logged on: 2/15/2019


other ibo platforms






Petrus Slatineanu   My Press Releases

Which Is the Best Market Cycle to Trade?

Published on 7/7/2018
For additional information  Click Here

 

 

Understanding the market cycles and how to trade them is critical to succeed as a trader.

What are market cycles?

The market is made up of three major market cycles and your ability to recognize and adapt to the current cycle will significantly increase your probability for profits. Regardless of what market you are trading or investing, the market can only move in one of these three cycles.

The Three Market Cycles Are:

1. Consolidation

The consolidation cycle has several looks with a parallel line of bars on a chart staying within support and resistance being the most common one. A “flag” is also another for of short-term consolidation. Moving averages or other indicators will help you determine whether the market is consolidating or trending.

Tip: If you are using a moving average as your indicator, the line will almost be horizontal when the market is consolidating. you can trade the support and resistance line to make profits in a consolidating market.

2. Breakout

A breakout of the consolidation happens when you have a few bars either at support or resistance of the price and then the price sharply breaks out to make a new high or low.

3. Trend

After a breakout, usually a trend develops with the market moving in the direction of the breakout whether it’s up or down.

Although most traders like to trade trends, the bad news is that currency prices do not move in one direction consistently making identifying up or down trends a form of an art.

 

How to apply the 3 cycles to your Forex strategies?

For starters, many Forex traders implement a strategy for one and maybe two of these cycles.

On average the Forex market trends about 30% of the time, breaks about 10% of the time and consolidates for the remaining 60% of the time.

Ironically, the two most used strategies are for trending and breaks of the consolidation cycle. That approach accounts for only 40% of potential trades and leaves you out of a trade about 60% of the time. Every trader should have a proven strategy for the consolidation cycle to take advantage of this cycle.

Not one strategy will cover and be effective in all of these 3 cycles. You should have a tested strategy in your toolbox to cover each of these 3 cycles to become a successful trader. Once you identify what cycle the current market is in, just pull out the right strategy from your toolbox and drive it to profits.

More Traffic Website

 

BTC-MULTILEVEL affiliate rate up to 40%

Member Note: To comment on this PR, simply click reply on the owners main post below.
-  Copyright 2016 IBOsocial  -            Part of the IBOtoolbox family of sites.