Strategy: Flip 55
The Flip 55 is a trend-based strategy. This strategy is quite simple, and we have built it using 2 moving averages. Our team has done extensive backtesting on it, and its winning ratio is between 70% to 80%.
Recommended Timeframe
You can use this strategy on H1, H4, and Daily timeframes. It can also be used on lower timeframes than H1, but we suggest that if you want better results, use it on H1, H4, and Daily timeframes.
Trade Details
Currently, based on this strategy, we have a trade opportunity on the EUR/AUD pair on the H1 timeframe. I have already shared the trade image with you. You should place a Sell Limit at 1.61540, with SL: 1.62095, TP 1: 1.60435, TP 2: 1.59880, and TP 3: 1.59330.
- Pair: EUR/AUD
- Timeframe: H1
- Sell Limit: 1.61540
- Stoploss: 1.62095
- TP 1: 1.60435
- TP 2: 1.59880
- TP 3: 1.59330
Lot Size
For anyone taking this trade, you should risk no more than 2% of your account, and not exceed this. For example, if you have a $10,000 account, you should risk $200.
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To Your Success!
Tim Morris
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