Why this works When markets go too far they tend to either stall or reverse. They normally reverse enough for us to catch 10+ pips from this trade.
Profit Target - 6 to 15 pips as this is a counter trend trading system that is designed to find high probability
short term reversals.
Setup for Shorts The market has to hit the statistical hourly High.
Trigger for Shorts During the next hour (Preferred) or hour after that the market hits the statistically hourly high for the second time. Sell short if the heat map isn't saturated with dark green. This trade has a super high winning percentage without using the heat map but the heat map will eliminate some of the trades that are not likely to work, improving your profits!
Setup for Longs The market has to hit the statistical hourly Low.
Trigger for Longs During the next hour (Preferred) or hour after that the market hits the statistically hourly low for the second time. Buy if the heat map isn't saturated with dark red.
In this example at around 3:30am EST the market goes through the average hourly high (orange line). During the next hour the market continues on up and hits that hour's statistical average high almost to the pip. Here we go short! The market reverses and we exit with our 10 pip profit target.
Profit Potential On most days there are 2 or 3 Double Stat Trades per currency. Our Audio Alerts notify you when the market is at the Statistical Hourly High or Low. If you see that the previous hour also hit a statistical level (the Setup Rules having been met) then take this trade with a very high probability of making 10+ Pips!
Please view our Hypothetical Results Disclosure and LeverageFX Disclosures