Technique: Flip 55
The Flip 55 is a trend-following technique. This straight ahead method makes use of 2 shifting averages has undergone in depth backtesting by our workforce, demonstrating a profitable ratio between 70% and 80%.
Really useful Timeframe
This technique is adaptable to varied timeframes, together with H1, H4, and Day by day. Though it may be utilized to timeframes decrease than H1, optimum outcomes are sometimes achieved inside 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 GBP/JPY pair inside the H4 timeframe. I’ve shared a commerce setup picture to your reference. The small print of the commerce are as follows:
- Pair: GBP/JPY
- Timeframe: H4
- Purchase Cease: 198.285
- Cease Loss (SL): 196.710
- Take Revenue (TP) 1: 199.335
- Take Revenue (TP) 2: 200.385
- Take Revenue (TP) 3: 201.435
Lot Dimension
For threat administration, guarantee you don’t threat greater than 2% of your account per commerce. As an example, with a $10,000 account, the utmost threat needs to be $200.
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To Your Success!
Tim Morris