Strategy: 3/12 Tunnel

The three/12 Tunnel is a trend-following strategy. This straightforward approach utilizes 3 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%.

Really useful Timeframe

This strategy is adaptable to varied timeframes, including H1, H4, and Day by day. Although it could be applied to timeframes lower than H1, optimal results are typically achieved inside the H1, H4, and Day by day timeframes.

Trade Details

Currently, the three/12 Tunnel strategy has identified a trading opportunity on the EUR/GBP pair inside the H1 timeframe. I’ve shared a trade setup image on your reference. The small print of the trade are as follows:

Pair: EUR/GBP
Timeframe: H1
Sell Stop: 0.83495
Stop Loss (SL): 0.83645
Take Profit (TP) 1: 0.83420
Take Profit (TP) 2: 0.83320
Take Profit (TP) 3: 0.83245

Lot Size

For risk management, make sure you don’t risk greater than 2% of your account per trade. As an illustration, with a $10,000 account, the utmost risk needs to be $200.

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To Your Success!
Tim Morris

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Tim Morris is a do business from home dad, home-based forex trader, author and blogger by passion. He likes to research and share the newest foreign currency trading strategies and forex indicators on ForexMT4Indicators.com. His passion is to let everyone to have the ability to learn and download various kinds of foreign currency trading strategies and mt4/mt5 indicators at ForexMT4Indicators.com