Enhancing Trading Effectiveness with the Trik Runner Strategy on the EUR/USD Currency Pair

In the forex trading world, the EUR/USD currency pair often takes center stage, being the most traded asset in the market. This article discusses a trading strategy known as the Trik Runner EUR/USD, designed under the assumption that the price movements of EUR/USD tend to be stable and trending. This trick allows traders to make trading decisions without relying on specific indicators.

Specifications of the Trik Runner EUR/USD Strategy:

• Currency Pair: EUR/USD
• Time Frame: M5
• Normal Grid Spacing: 15 pips
• Daily Range: Moves within the range of 80-120 pips

Trading Rules:

1. Check the lowest/highest value of the EUR/USD pair in the morning, especially between 08:00-13:00.
2. If the price moves twice the grid distance (30 pips up/down) from the lowest/highest value, initiate an OPEN BUY/SELL.
3. Set a Target Profit (TP) between 20-40 pips and a Stop Loss (SL) of 30 pips.
4. After opening a position, adjust the SL in line with price movements (e.g., increase the SL by 10 pips if the price moves up by 10 pips).
5. In supportive market conditions, consider adding TP before reaching the target. Implementing a Trailing Stop every 10 pips can also be considered.

Indicator-Free Strategy:

• The Trik Runner relies on observation rather than specific indicators, assuming that if the EUR/USD has moved 30 pips from the daily low or high, it is likely to continue in that direction.
• This strategy is based on the observation that the EUR/USD currency pair tends to move in trends, meaning if it starts to rise, it is likely to continue rising, and vice versa.

However, it's important to remember that the Trik Runner is more effective on currency pairs like EUR/USD with low spreads and trending movement characteristics. For currency pairs with high volatility such as GBP/JPY, it's advisable to avoid using this trick due to their different movement characteristics.

By understanding and adhering to the trading rules of the Trik Runner EUR/USD, traders can enhance their profit potential in facing the dynamics of the forex market. However, it is recommended to be prudent and cautious in implementing this strategy, always considering the prevailing market conditions. Keep sharpening your trading knowledge and skills to optimize results.

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