It’s very simple strategy for the Forex Fractals is very well suited for the currency pair EURUSD.
If you do not fit this currency pair, you can pick up and any other pre-look at what is happening on the charts after the fractal at the Daily interval.
Terms of Trade on the Forex strategy is very simple:
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The graph traded currency pair, you need to install the indicator paints Fractals (leave the default installation — such as those set out in Metatrader 4).
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Trade is conducted on the afternoon schedule — D1.
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As soon as a fractal UP — need to open a trading position for sale.
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Out of the trading position at the end of the day.
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As soon as a fractal DOWN — need to open trading position of your purchase. Withdrawal is also made at the end of the day.
To trade on the day intervals of course need to have a smaller deposit, so you can open a trading account at micro-forex or open position of the micro-lots, thus, to risk on each trade position does not exceed 4-5%.
But if this strategy forex slightly improved with the help of Moving or other indicators forex, you can sell well and at lower time intervals.
There are of course the system and weaknesses — lack of strap stop-loss …
As a solution to this problems, I can suggest to set stop-loss at Real or Low Trade candles fractal.
