Technique: Flip 55
The Flip 55 is a trend-following technique. This simple strategy makes use of 2 transferring averages has undergone in depth backtesting by our staff, demonstrating a successful ratio between 70% and 80%.
Really helpful Timeframe
This technique is adaptable to numerous timeframes, together with H1, H4, and Each day. Though it may be utilized to timeframes decrease than H1, optimum outcomes are sometimes achieved inside the H1, H4, and Each day timeframes.
Commerce Particulars
At present, the Flip 55 technique has recognized a buying and selling alternative on the EUR/GBP pair inside the H1 timeframe. I’ve shared a commerce setup picture on your reference. The main points of the commerce are as follows:
- Pair: EUR/GBP
- Timeframe: H1
- Purchase Cease: 0.83460
- Cease Loss (SL): 0.83180
- Take Revenue (TP) 1: 0.83600
- Take Revenue (TP) 2: 0.83740
- Take Revenue (TP) 3: 0.83810
Lot Dimension
For danger administration, guarantee you don’t danger greater than 2% of your account per commerce. As an example, with a $10,000 account, the utmost danger must be $200.
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To Your Success!
Tim Morris