With Arms Wide Open

[urbanforex]

Here I will post chart examples of this strategy and answer any questions that may be. Hope this strategy is useful.

If you are unfamiliar with the strategy, please visit :
http://www.urbanforex.com/forex-trading-strategies/76-with-arms-wide-open.html

[urbanforex]

Originally Posted by venkats

Hi Navin,

Thanks again for your great effort and selfless service.

How do we identify the stsrting point in this strategy to draw the straight line?

venkats.

Hi Venkat !

First off, welcome to the forum.

Regarding identifying, basically we are looking for opposite of a triangle formation. More like an expanding triangle. You place your flat line where the triangle begins.
I'll put up some example pictures on the next post.

- Navin

[urbanforex]

Here is a example. I hope it makes sense. If you like more examples, let me know, I don't mind posting more.

If it didn't make sense, I can try explaining a different way.

Keep me updated

- Navin