When trading Forex, no help is ever enough help. There are so many strategies and so many forex gurus.
The only person you can trust in this game is. YOU! This is why opening a demo account and trying every single strategy that might seem exciting and helpful - Try our Forex trading PDF part I.
Are you tired of losing trades? Are you disappointed with the market’s movement? Do you feel like giving up?
FEAR NOT, I will give away our Forex Trading PDF that will help you achieve consistent profits.
It is challenging to create a PDF for forex trading for beginners, but we are trying our best, you can also send us your suggestions or requests in specific strategies you might want to learn.
As a risk disclaimer, remember that this information is not always 100% accurate, and it might not work for every trader.
The strategy is a purely technical approach, and any fundamental event may change the outcome of the analysis.
Searching for tips, tricks, and trading robots has become the new beginner trader approach because it's comfortable.
Free tutorials for forex trading for beginners can be found anywhere on the internet, but the relevant strategy that works for you is a different story. But is that all that it takes to become a consistent trader?
While you can get educated for free on babypips.com, eaglesinvestors.com, or investing.com, there is no guarantee it will work for you.
Starting today, I will release one Forex Trading PDF that contains different strategies for all types of traders, including strategy for forex trading for beginners.
The Reason You Should Read This Forex Trading PDF
The One-Two strategy is meant to help beginner and experienced traders when scalping the forex market. Easy and straightforward to use once you understand the entry points for buy and sell.
How does this strategy work?
You only need one indicator, and that is Bollinger Bands. For this strategy to work, you will need to insert the same indicator twice.
Once you click on the indicator the parameters will be visible so, you will have to make sure:
- Period is 20
- Shift is 0
- The deviation is 2.
For the second Bollinger Bands, repeat the steps and only change the deviation to 3.
It's also a good idea to change the colours for the second Bollinger Bands. If you followed the steps correctly above, you would be able to see both bands, check the figure below.
What do I do now once my Bollingers are set up?
Now for the buying strategy, wait for the price to be between your blue and yellow lower Bollinger Bands.
Remember this candle as "zero" and wait for two more candles to form. If the first candle (zero) and the second candle are higher than previous candles, open a BUY trade at the opening of the second candle.
Selling strategy requires the price to get located between your blue and yellow upper Bollinger Bands, the same as before we count candles starting with "zero" and waiting two more to form.
If the previous two candles have a lower closing price, then open a SELL position.
Make sure you download our Forex Trading PDF and get the full explanation step by step.
If you still have trouble understanding this strategy, our future VIDEO will hopefully help you know how to use it effectively.
Do you have more strategies like the One-Two Strategy Trading PDF?
YES, WE DO, last year, I released my first eBook for forex trading for beginners, and it's still available to download for FREE HERE.
One of the best trading tips for forex traders is the One-Two strategy on an M15 time frame.
One-Two approach is a variation of reversion strategies based on the "Bollinger Bands" indicator.
The strategy is easy to master and uses a technical indicator that is pre-installed in any MT4 terminal.
Therefore, standard instruments are all that a trader needs. Also, the strategy applies to all currency pairs, such as
- EUR/USD
- GBP/USD
- AUD/USD
- CAD/USD
- NZD/USD
- USD/JPY.
All popular time frames may be applied: M15, M30, H1, H4, and D1.
Indicators used are two Bollinger Bands on open and close, and for double confirmation, use Simple Moving Average.
You can download the Forex trading PDF for FREE and get a full explanation of when to buy or sell.
If you want the ready MT4 template contact us on our chat, and you will also get it for FREE.
NOTE: To use the template, after download merely right clicks on your MT4 chart >>>> select template >>>> load template >>>> and select the One-Two model from your download folder.
Like always, I wish you all Happy Trading and Every Success!
