GbpUsd - Pulsar Indi
On the same day, we can study market behavior on GbpUsd with Pulsar Indicator:
On the london session, market started to rise but activity on Pulsar decreased a lot and it was back to normal few moment later. This move is more likely to reverse. Short trade could have been opened.
On the afternoon on NFP time, market spiked up and Pulsar has made a real breakout over 400 ticks within the first minute of the news released. Even if the activity on Pulsar tends to decrease slowly, it still above average. This time market offered us a real move. No trap
It is very important to be able to distinguish in real time what's going on markets to avoid to be trapped by false breakout and manipulation price by Market Markers to catch StopLoss from our trades
Pulsar Indicator :
Pulsar helps identify price movement relative to market activity.
The aim is to distinguish between a new price trend that is likely to last, and a sudden movement that is likely to quickly turn around in the opposite direction.
Strong price trend versus Stoploss hunting
Pulsar alerts when ticks/minute 'activity' crosses ticks parameters (default value '250')
Use Indi on timeframe 1min
Check out blog and browse 'Pulsar' to see example