FOREX on fractals
forex simple strategy on fractals
forex strategy is very well suited for currency pair EUR / USD , if you do not fit this currency pair, you can pick up any other, a sneak peek at what is happening on the charts after Education fractal day interval.
Terms of trade on the Forex strategy is very simple:
- Chart traded currency pair you want to install indicator draws Fractals (the default setting leave - those who are registered in the Metatrader 4).
- Trade is conducted on daily charts - D1.
- Once a fractal UP - to open a trading position on SALE .
Out of the trading position at the end of the day.
- Once a fractal DOWN - to open trading position to buy . Output also produce at the end of the day.
for trading on day intervals certainly do not need to have a small size of the deposit, so you might as well open the cent trading account forex or open position micro-lots, thus, that the risk on each trade position does not exceed 4-5%.
There is certainly a weak point and the system - the lack of safety stop-loss ...
As a solution to this problems, I can offer set stop-loss at High or Low Trade candles obrazavavshey Fractal .