Let’s dive into a strategy known as Flip 55, a trend-following method that’s as straightforward as it is effective. By incorporating two moving averages, this approach has been meticulously tested by our team, showcasing an impressive success rate of 70% to 80%.
Recommended Timeframe
What’s great about Flip 55 is its versatility across various timeframes—be it H1, H4, or Daily. While you might be tempted to apply it to shorter timeframes, our research suggests that H1, H4, and Daily timeframes yield the best outcomes.
Trade Details
Right now, there’s a trading opportunity arising for the AUD/USD pair, specifically on the H4 timeframe. I’ve included an image of the trade setup for you to check out. Here are the trade details:
- Pair: AUD/USD
- Timeframe: H4
- Buy Stop: 0.65495
- Stop Loss (SL): 0.64975
- Take Profit (TP) 1: 0.66140
- Take Profit (TP) 2: 0.66790
- Take Profit (TP) 3: 0.67310
Lot Size
For sensible risk management, it’s crucial not to risk over 2% of your account per trade. For example, with a $10,000 account, your maximum risk should be limited to $200.
This innovative Trade Idea comes to you thanks to =>> Forex Kick Start’s Systems.
Special Offer
Grab yourself a FREE $50 trading bonus and receive 50% trade rebates/cashback when you sign up using this unique link and Partner Code "7W3JQ".
Wishing you success in your trading endeavors!
Tim Morris
Tim Morris, who balances life as a work-from-home dad, is deeply passionate about Forex trading. He spends his time researching and sharing new Forex strategies and indicators on ForexMT4Indicators.com. His goal is to make a variety of Forex trading strategies and MT4/MT5 indicators accessible to everyone through ForexMT4Indicators.com.
