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"Price Memory" strategy

    • 29 posts
    July 16, 2022 4:23 PM EDT

     

    Opening a short position according to forex patterns of the "Price Memory" strategy:
    1. We need an uptrend that is well established and has at least 3 or more consecutive higher declines.
    2. Wait for the upward movement to begin after the retracement (retracement - rollback), i.e. the price adjustment will begin.
    3. expect a recovery size - this must be between 38.2% or more of the size until the movement.أساسيات-التداول
    4. open positions in two stages: 50% by volume (does not deposit and the total position that the trader considers to be based on the amount of the deposit) - enters short (sell) from (position №1) after the next price movement to the maximum of the previous movement. This is the price that pumps the "double cannon".فتح حساب فوركس تجريبي مجاني

    5. We expect the size of our expedition. This value will be equal to the Stop Loss (see below the level), as well as 50% of which we will open position №2, the volume of which will be equal to 50%. Rollback "double top", which is equal to the difference between the highest and the lowest initial price of the recovery hesitation. the resistance of the zone will be equal to the Stop Loss level