Home Forex EUR/JPY Worth Forecast seventh November 2024

EUR/JPY Worth Forecast seventh November 2024

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EUR/JPY Worth Forecast seventh November 2024




EURJPY Price Forecast 7th November 2024EURJPY Price Forecast 7th November 2024

Technique: Flip 55

The Flip 55 is a trend-following technique. This simple strategy makes use of 2 shifting averages has undergone intensive backtesting by our staff, demonstrating a successful ratio between 70% and 80%.

Beneficial 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 throughout 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/JPY pair throughout the H4 timeframe. I’ve shared a commerce setup picture on your reference. The main points of the commerce are as follows:

  • Pair: EUR/JPY
  • Timeframe: H4
  • Promote Cease: 164.120
  • Cease Loss (SL): 166.420
  • Take Revenue (TP) 1: 162.270
  • Take Revenue (TP) 2: 160.430
  • Take Revenue (TP) 3: 158.580

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 needs to be $200.

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To Your Success!
Tim Morris






Earlier articleDSS Bressert MT4 Indicator

Tim MorrisTim Morris

Tim Morris is a earn a living 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 study and obtain various kinds of foreign currency trading methods and mt4/mt5 indicators at ForexMT4Indicators.com