Strategy: Flip 55
The Flip 55 is a trend-following strategy. This straight forward approach utilizes 2 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%.
Recommended Timeframe
This strategy is adaptable to various timeframes, including H1, H4, and Daily. Although it can be applied to timeframes lower than H1, optimal results are typically achieved within the H1, H4, and Daily timeframes.
Trade Details
Currently, the Flip 55 strategy has identified a trading opportunity on the EUR/JPY pair within the H4 timeframe. I’ve shared a trade setup image for your reference. The details of the trade are as follows:
- Pair: EUR/JPY
- Timeframe: H4
- Sell Stop: 163.410
- Stop Loss (SL): 165.130
- Take Profit (TP) 1: 161.690
- Take Profit (TP) 2: 160.320
- Take Profit (TP) 3: 158.950
Lot Size
For risk management, ensure you do not risk more than 2% of your account per trade. For instance, with a $10,000 account, the maximum risk should be $200.
This Trade Ideas is brought to you by:
=>> Forex Kick Start’s Systems
Get a FREE $50 trading bonus and 50% trade rebates/cashback when you sign up using this unique sign up link with Partner Code “7W3JQ“.
To Your Success!
Tim Morris
Related Articles
US equity close: The shine wears off
The shine of the election has run into uncertainty about tariffs and...
Bitcoin perks up to finish the week strong
Bitcoin is closing out a great week on a positive note. It...
Fed’s Barkin: I always have expected core PCE to stay in the “high twos”
I hope and expect that in Q1, inflation will come downPricing power...
Another turn in Treasury yields after another Fed pivot?
US equities are making new lows but bonds have turned around.Ten-year Treasury...
Leave a comment