March 7, 2021
Breaking News
  • Home
  • Forex News
  • The 3 Phases of an Impulsive Forex Move & Corrective Price Action 🏃🏃

The 3 Phases of an Impulsive Forex Move & Corrective Price Action 🏃🏃

By on January 25, 2021 0 42 Views
Recommended Links

✅ Trade with our Sponsor Broker: Pepperstone
📞 Join Mark’s TradersMastermind:
✅ Check Mark’s Premium Course:
✅ Please like, subscribe & comment if you enjoyed – it helps a lot!

The Three Phases of an Impulsive Move. Impulsive And Corrective Price Action. What is an impulsive move? What causes forex to move so fast sometimes? We are in the midst of the pandemic and we got some good news regarding a vaccine. The market starts to spike up – we start getting plenty of risk-on movements and currencies have started to move as well. What is an impulse wave pattern and how do you trade it?

We are looking for 3 phases. It could be surprise data that is very surprising which leads to a reprice scenario. We get an impulsive move and often we get a continuation of that move.
The first phase is the drive and the flag (a move followed by a pause). The second phase is a further drive up followed by a longer pullback.

✅ Our channel sponsor for this month are Pepperstone meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider. Pepperstone offer both MT4/MT5 as well as the cTrader trading platform.

Sign up with Pepperstone:

📜 Disclaimer 📜

79.3% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Related Videos

Trading Parabolic Price Moves | Riding Momentum; Profit from Euphoria and Bubbles ⏳🚀

How to Take Full (❗) Advantage of the Volatile Markets! 💲🧲


Biggest Mental Challenges in Volatile Markets 🧠🤯

Struggling to Trade or Make Money in these Volatile Markets!? 🤔

Which Traders Will Make the Most Money During this Crisis!? 🙈🚩

Leave a comment

Your email address will not be published. Required fields are marked *