Home Forex EUR/GBP Worth Forecast 1st November 2024

EUR/GBP Worth Forecast 1st November 2024

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EUR/GBP Worth Forecast 1st November 2024




EURGBP Price Forecast 1st November 2024EURGBP Price Forecast 1st 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 crew, demonstrating a successful ratio between 70% and 80%.

Beneficial Timeframe

This technique is adaptable to numerous timeframes, together with H1, H4, and Day by day. Though it may be utilized to timeframes decrease than H1, optimum outcomes are usually achieved throughout the H1, H4, and Day by day timeframes.

Commerce Particulars

At the moment, the Flip 55 technique has recognized a buying and selling alternative on the EUR/GBP pair throughout the H1 timeframe. I’ve shared a commerce setup picture on your reference. The small print of the commerce are as follows:

  • Pair: EUR/GBP
  • Timeframe: H1
  • Promote Cease: 1.38785
  • Cease Loss (SL): 1.39425
  • Take Revenue (TP) 1: 1.38545
  • Take Revenue (TP) 2: 1.38545
  • Take Revenue (TP) 3: 1.38065

Lot Dimension

For threat administration, guarantee you don’t threat greater than 2% of your account per commerce. As an illustration, with a $10,000 account, the utmost threat must be $200.

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To Your Success!
Tim Morris






Earlier articleRelative Vigor Index MT4 Indicator

Tim MorrisTim Morris

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