EUR/GBP Value Forecast twenty eighth October 2024

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EUR/GBP Value Forecast twenty eighth October 2024





EURGBP Price Forecast 28th October 2024

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






Earlier articleComplete Energy and Fractal Channel Foreign exchange Buying and selling Technique

Tim MorrisTim Morris

Tim Morris is a make money working from home dad, home-based foreign exchange dealer, author and blogger by ardour. He likes to analysis and share the most recent foreign currency trading methods and foreign exchange indicators on ForexMT4Indicators.com. His ardour is to let everybody to have the ability to be taught and obtain several types of foreign currency trading methods and mt4/mt5 indicators at ForexMT4Indicators.com




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