What are Impulse and Correction in Forex| Impulse and correction explained

Whenever the price moves up or down you all know that it doesn't move in a straight line.
It moves in a form of highs and lows and these highs and lows are formed in a certain pattern or waves which help us to understand the price in a better way.

00:00 - What are Impulse and Correction?
01:03 - why Impulse and correction occurs?
01:48 - Impulse definition
02:01 - correction definition
02:18 - How Impulse and correction works in forex
03:00 - How to Identify Impulse and Correction on chart
03:15 - How to Find Impulse in Forex
04:33 - How to Find Correction in Forex
05:30 - Impulse and Correction Examples in Forex

We are going to focus one what are the difference between impulse and correction ? And everyone ask me same question on my YouTube channel that what are the difference between impulse and correction. So today I have decided to elaborate on why impulse and correction occurs, definition of impulse and correction, How to Find Correction in Forex, How to Find Impulse in Forex, impulse and correction strategy and the last one Impulse and Correction Examples in Forex

And this pattern or wave is called impulse and correction. So the definition of definition of impulse and correction are given below and impulse and correction strategy are also explain.

It is said, the impulse is where the professionals make money and correction is where impatient traders lose their money.
If you can identify impulse and correction correctly and master it, it can do wonders for your trading.

Now Even after the imbalance in the market, the price doesn't move in a straight line.
This is because there are different individuals trading in the market and each one has got a different mindset, different psychology, and each one trades differently.
impulse and correction presence are matters the most in trading.

Let us understand each one correctly.

The price is said to be impulsive when the price moves powerfully in any one direction.

So, basically, an impulse suggests that a single party controls the price.

The correction is just the opposite of impulse.
Whenever the price moves very slowly sideways, it is called a correction.

A correction basically tells us, that both the buyers and sellers are fighting to take the control of the market.
I will explain with Impulse and Correction Examples in Forex.

impulse and corrective examples and solutions are very simple.
For example,
imagine buyers are more than the sellers,
so this will cause the price to move up.
Now imagine at some point the buyers and sellers got in equilibrium.
That is some sellers entered and now both the buyers and sellers are fighting with each other to gain control of the market.
So, whoever wins the fight will drive the price in their direction.

The rules to spot the impulse are very easy.
1) Look for strong moves in any one direction.

The easiest way to find out impulse is to look for strong moves in any one direction.

2) Look for the same colored candles
In an impulse, you will mostly see the same colored candles.
Like, as I use white candles for bullish and black candles for a bearish move.
You will see when there is a bullish impulse, there will be white candles.
And when there is a bearish impulse, you will only see black colored candles.

Like here in this example, the price was moving down and you can see only the black color candles..

Sometimes you may see mixed candles but then the impulsive candles will be stronger ones and the others will be weak.
3) Look for larger candles.

Whenever the price is moving impulsively, most of the time you will find larger candles.
Like over here in this example.
Here, you can see when the price was moving down impulsively, and the candles were larger.
1) look for weak moves sideways.
Whenever the price is moving sideways, and the movement is weak that is it is not able to cover much vertical distance.
The price is said to be correcting.

2) Look for mixed candles.
When the price is retracing or correcting, there is basically a fight between the buyers and sellers and so you will always see mixed candles.

3) small candles.
During a correction, the movement will be very weak and so the candles will
and It is said that most of the time the new impulse after the correction is in the direction of the first impulse.

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Видео What are Impulse and Correction in Forex| Impulse and correction explained канала Forex Monopoly