Technique: 3/12 Tunnel
The three/12 Tunnel is a trend-based technique. This technique is kind of easy, and we’ve got constructed it utilizing 3 transferring averages. Our group has achieved intensive backtesting on it, and its profitable ratio is between 70% to 80%.
Really useful Timeframe
You should use this technique on H1, H4, and Each day timeframes. It can be used on decrease timeframes than H1, however we advise that if you would like higher outcomes, apply it to H1, H4, and Each day timeframes.
Commerce Particulars
At present, based mostly on this technique, we’ve got a commerce alternative on the CADJPY pair on the H1 timeframe. I’ve already shared the commerce picture with you. You need to place a Promote Cease at 105.885, with SL: 106.860, TP 1: 105.465, TP 2: 105.190, and TP 3: 104.910.
Pair: CAD/JPY
Timeframe: H1
Promote Cease: 105.885
Stoploss: 106.860
TP 1: 105.465
TP 2: 105.190
TP 3: 104.910
Lot Dimension
For anybody taking this commerce, you must danger not more than 2% of your account, and never exceed this. For instance, when you have a $10,000 account, you must danger $200.
This Commerce Concepts is dropped at you by:
=>> Foreign exchange Kick Begin’s Techniques
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To Your Success!
Tim Morris
