Strategy: Flip 55

The Flip 55 is a trend-following strategy. This straightforward approach utilizes 2 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%.

Beneficial Timeframe

This strategy is adaptable to numerous timeframes, including H1, H4, and Every day. Although it could actually be applied to timeframes lower than H1, optimal results are typically achieved inside the H1, H4, and Every day timeframes.

Trade Details

Currently, the Flip 55 strategy has identified a trading opportunity on the EUR/JPY pair inside the H4 timeframe. I’ve shared a trade setup image on your reference. The small print of the trade are as follows:

• Pair: EUR/JPY
• Timeframe: H4
• Sell Stop: 164.120
• Stop Loss (SL): 166.420
• Take Profit (TP) 1: 162.270
• Take Profit (TP) 2: 160.430
• Take Profit (TP) 3: 158.580

Lot Size

For risk management, make sure you don’t risk greater than 2% of your account per trade. As an example, with a $10,000 account, the utmost risk must be $200.

This Trade Ideas is dropped at you by:
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To Your Success!
Tim Morris

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Tim Morris is a make money working from home dad, home-based forex trader, author and blogger by passion. He likes to research and share the most recent foreign currency trading strategies and forex indicators on ForexMT4Indicators.com. His passion is to let everyone to give you the option to learn and download several types of foreign currency trading strategies and mt4/mt5 indicators at ForexMT4Indicators.com