AUD/CAD Value Forecast ninth October 2024

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AUD/CAD Value Forecast ninth October 2024





AUD/CAD Value Forecast ninth October 2024

Technique: 3/12 Tunnel

The three/12 Tunnel is a trend-following technique. This simple method makes use of 3 shifting averages has undergone in depth backtesting by our group, demonstrating a profitable ratio between 70% and 80%.

Really useful Timeframe

This technique is adaptable to numerous timeframes, together with H1, H4, and Day by day. Though it may be utilized to timeframes decrease than H1, optimum outcomes are sometimes achieved throughout the H1, H4, and Day by day timeframes.

Commerce Particulars

At present, the three/12 Tunnel technique has recognized a buying and selling alternative on the AUD/CAD pair throughout the H1 timeframe. I’ve shared a commerce setup picture to your reference. The small print of the commerce are as follows:

Pair: AUD/CAD
Timeframe: H1
Purchase Cease: 0.92165
Cease Loss (SL): 0.91885
Take Revenue (TP) 1: 0.92285
Take Revenue (TP) 2: 0.92365
Take Revenue (TP) 3: 0.92485

Lot Dimension

For threat administration, guarantee you don’t threat greater than 2% of your account per commerce. For example, with a $10,000 account, the utmost threat ought to be $200.

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To Your Success!
Tim Morris






Earlier articleAverages Rainbow MT5 Indicator

Tim MorrisTim Morris

Tim Morris is a make money working from home dad, home-based foreign exchange dealer, author and blogger by ardour. He likes to analysis and share the newest foreign currency trading methods and foreign exchange indicators on ForexMT4Indicators.com. His ardour is to let everybody to have the ability to be taught and obtain various kinds of foreign currency trading methods and mt4/mt5 indicators at ForexMT4Indicators.com




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