The amazing forex funnel is an astounding foreign exchange system that can be utilized on all currency pairs and time frames from 30 minutes chart and higher up. For established trend, we will be searching for rapid purchase and auction signals.
1. ArrowsandCurves (default settings) is the only indicators utilized in this technique.
2. 30 minutes and higher up the recommended time frame.
3. Applicable on any trading sessions.
4. Applicable on any currency pairs.
The EUR/USD 4 Hour Chart Instance
The chart below explains how simple it is to highlight exchanging opportunities with this forex trading system. Just exchange in the overall movement of the small blue and red arrows.
1. Scenario No1: Blue arrow display on the chart (bullish continuing market trend).
2. Scenario No2: Price reaches the lower exchanging band.
Move Long. Position your stop-loss beneath prompt support level (low risk).
Aim: End the purchase exchange at or nearby the upper exchanging band.
Pause for the next purchase opportunity till a red arrow displays on the chart (now search to action).
1. Scenario No1: Red arrow display on the chart (bearish continuing trend).
2. Scenario No2: Price reaches the upper exchanging band.
Auction the currency pair. Position your stop-loss beneath prompt resistance level.
Aim: End the auction exchange at or nearby the lower exchanging band.
Pause for the next auction opportunity till a blue arrow displays on the chart (now search to purchase).
Utilize this strategy at your own risk. WindsorForex.com cannot be responsible for any losses associated with utilizing any strategy presented on the site. It’s not recommended to utilize this strategy on the real account without testing it on demo first.
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