Is the FunCorTech Strategy effective?

[Papzen]

The FunCorTech Strategy is outlined as follows:

- Fun (Fundamentals): derived from the "Fundamental analysis"
- Cor (Correlation): derived from the "Correlation analysis"
- Tech (Technical): derived from the "Technical analysis"

Will it be an effective strategy to apply expecting massive profits?

 

[Papzen]

The FunCorTech Strategy is outlined as follows:

- Fun (Fundamentals): derived from the "Fundamental analysis"
- Cor (Correlation): derived from the "Correlation analysis"
- Tech (Technical): derived from the "Technical analysis"

Will it be an effective strategy to apply expecting massive profits?

In order to elaborate on the above said strategy, the following features exist:

The fundamental analysis/strategy is effective for economic news taking placing during important dates. Then lay down pending orders (Buy Stop and Sell Stop) inclusive with Take Profit (TP) and Stop Loss (SL) with an expiring date one-minute set by the specific time.

The Technical analysis/strategy is takes up most of your scalping strategy during the day. Set 5 minute timeframe and adjust the chart according in order to view entry and exit points.

The Correlation analysis/strategy is intertwined with both of the above mentioned analysis and strategies. To maximize profitability go onto economic calendar sites and view during a specific timeframe the most positive and negative correlations of different currency pairs. Ensure that your fundamental and technical analurreysis are on point in to giver correct direction of the most volatile currency pairs.