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ICWR stands for Impulsive/Corrective Wave Retracement. The ICWR forex strategy is a list of conditions that traders use to determine entry and exit points in trading the forex market.
The ICWR forex strategy is based on a combination of the Elliott Wave Theory and Fibonacci ratios. Traders have found that corrective waves have a inclination to retrace the preceding impulsive waves by a Fibonacci ratio.
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Posted 
January 8th, 2008 by 
Jon
Posted in Forex Systems | No Comments »
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