This forex strategy is very well suited for the currency pair EUR / USD, if you do not fit this currency pair, you can choose any other, a sneak peek at what's happening on the charts, after the formation of fractal day interval.
Rules on this Forex trading strategy is very simple:
The graph traded currency pair to install drawing Fractals indicator (leave the default installation - such as those spelled out in the Metatrader 4).
Trade is conducted on the daily chart - D1.
As soon as a fractal UP - need to open a trading position for sale.
Out of a trading position at the end of the day.
As soon as a fractal DOWN - you need to open a trading position to buy. Output also produce at the end of the working day.
To trade on the day intervals course need to have at small sizes deposit, so you may well discover a cent trading account forex (for that is very well suited company Forex4you) or open position of the micro-lots, at the same time, so as not to risk on each trade position exceeded 4.5%.
Well, if this strategy forex slightly improved with the help of other removals indicators forex, you can trade well and at lower time intervals.
There are of course the system and weak point - the lack of a safety stop-loss ...
As a solution to this problems, I propose to set a stop-loss on the High or Low Trade candles obrazavavshey fractal.
