Indicators : None
Time Frame : Any - Preferably 15min charts and above
Details : Draw trendlines to show a higher high and lower low. It will look like arms wide open ;) If you are good with chart patterns it might help to think its a backwards triangle formation. Next, draw a straight line from your start point and that will be your entry trigger. With practice this technique can be extremely profitable. Let me show you some more examples.
Example 1
Forex system - "With Arms Wide Open"
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Example 2
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-------TRADING METHODS ------
--------- FOR TRADERS ----------
-------------- OTHER ------------
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