The very essence of binary options trading is very similar to sports betting, and this is no secret to anyone. Here we are simply betting on the rise and fall of quotes. Our bets do not create any volumes on the real market. Such simplicity and accessibility of binary trading attracts a crowd of beginners who, without understanding the essence of the matter, simply start poking two buttons, maybe they will get lucky.

Many people follow this tactic. These are the majority, which, according to statistics, makes up 90% of traders who are never destined to achieve success. And all because they adhere to the wrong trading tactics.

Not a single binary options trading strategy for beginners offers chaotic clicking on buttons in a working terminal. And all because trading is not a casino. If you want adrenaline and tickle your nerves, then find yourself an online casino. Serious people work here, traders who learn to analyze the market and achieve success with the right approach.

There are many tools for analysis, and you will have a long and painstaking job of studying them and choosing the most suitable ones.

Beginners love tales about secret and forbidden strategies, which are based on a 100% profitable indicator. They believe that such a magic wand exists. The main thing is to find her, even if it takes more than one year. So they wander the Internet for years in search of this Grail, bumping into scammers and enterprising swindlers who, under the guise of an ordinary Moving Average, give out that very Grail.

All strategies for binary options beginners simple and publicly available. And even more so they are free. Just remember that the same strategy can produce different results in the hands of two traders. It's all about the difference in their tactics. If a strategy for dummies involves clear descriptions of entry/exit signals, then it is the tactics that make the final decision on opening a transaction. And here trading psychology plays a big role. Some will be afraid, others will not.

Money management - as one of the foundations of tactics

A competent binary options trading strategy for beginners is never complete without money management. Beginners simply do not know how to manage their money wisely. They can easily bet the entire deposit and lose it in one bet.

It is money management that allows you to stay afloat even with a series of failures. And all thanks to the distribution of profits and losses, limiting potential losses and profits. It is this kind of money management that helps a beginner control his emotions. After all, it is much easier to follow pre-written instructions, rather than make decisions in the power of adrenaline in the midst of trading.

All strategies for beginners include a financial component, regardless of indicators:

• minimum bet size, which should not exceed 5% of your deposit.
• number of losing trades that you can afford in one day (for example, no more than 10-15% of the deposit). When such a limit is reached, it is better to complete the work for today and continue tomorrow, analyzing all the errors.
• number of winning trades. Yes, profits also need to be controlled, don’t be greedy. Often, traders who embarked on a series of successful trades could not stop in time and fell into excitement, eventually losing not only their winnings for the day, but also their entire deposit.

Psychological aspect of trading

portrait of a young female psychiatrist in session with a young male patient

Your financial result, like the market, will develop dynamically, and sometimes very unpredictably. Be prepared for both a series of losses and successes. And this gives rise to greed, excitement and fear. If you don't control your emotions, you can become depressed from losing or euphoric from winning.

Such emotions greatly exhaust a person. To prevent this from happening, we have prepared some valuable tips for beginners that will help avoid excessive emotionality.

1. Do not open the trading terminal unless necessary. You should not constantly monitor quotes and look for possible entries for a transaction. Once you have opened it, we recommend that you do not watch the process, but watch only after the transaction is completed. After all, from your view, the market will not move in the direction you want. And constant monitoring gives rise to unnecessary worries and worries, which can lead to stress.
2. Pros recommend using those strategies for binary options beginners that provide warning systems (alerts). This will save you from the need for constant monitoring in the market. Well, when the required signal appears (or when the price reaches the desired level), the terminal will notify you about it.
3. Don't think about the general financial result and under no circumstances expect to arrive before the expiration date of the deal. This will lead to unnecessary emotions.
4. Turbo options are very attractive, but only in theory. Imagine how nervous this is, because, in fact, on minute time frames the market is at the mercy of chaotic market noise that is not subject to technical analysis. You are literally playing with luck. And when it comes to losing, it's hard to keep your emotions to yourself. The best strategies for beginners include medium-term market analysis from at least a 15-minute time frame.

Discipline

Binary options trading is only available to adults. Then why should you think about discipline? When it comes to money, it is difficult to control yourself. A person can easily get excited, which will lead to uncontrolled withdrawal of the deposit. To avoid this, experienced pros advise to always follow a trading plan.

Binary options trading strategies for beginners always include a detailed trading plan. After all, if you do not follow tactics that are thought out in advance to the smallest detail, you risk being left without any money at all.

After a little theory, let's move on to practice.

Correlation-based strategy for beginners

Why did we start our review of strategies with such a complex concept as correlation? Because this is the easiest way to make money in the financial markets. It does not require knowledge of either technical or fundamental analysis.

What is correlation? This is when assets repeat each other's dynamics due to close relationships.

There is also a reverse correlation, when the dynamics of assets are absolutely mirror.

This factor can be successfully used for trading in financial markets. All that remains is to select correlating currency pairs.

It is no secret that the Russian ruble is highly dependent on the dynamics of Brent oil. For this reason, with each fall in oil prices, the national currency weakens. And paired with the dollar, USD/RUB is seeing an increase in the exchange rate. On the graph it goes something like this:

Trading strategy for beginners based on the moving average

In the initial stages, trading tactics should not be complicated. In the absence of proper experience, a novice trader may experience confusion in indicators. For this reason, there is no need to choose overly complex tools such as Ichimoku Cloud or ADX.

Strategy based on moving averages. Traders like to experiment not only with the period, but also with the number of moving averages on the chart. At first, you can limit yourself to one moving average with a period of 50.

The rules of trading using this strategy for binary options beginners are simple - when the candle crosses the moving average from bottom to top, we conclude a deal Higher. And if from top to bottom - Below.

MACD

Many binary options trading strategies for beginners are based on the famous MACD indicator. At first glance it may seem complicated. In fact, this is one of the best tools for predicting future price dynamics.

This universal indicator allows you to determine not only the direction of the trend, but also its strength and moments of trend reversal. MACD is a mixture of moving average, oscillator and histogram moving averages.

The MACD indicator generates many signals. At first, only the intersection of moving averages will be enough for us.

To open an up option, as part of our strategy for binary options beginners, we wait for the histogram to move into the positive zone (above zero) and for the moving averages to intersect in the negative zone.

To buy the Below option, the moving averages must intersect already in the positive zone of the scale, and the histogram intersects with the zero level from top to bottom.

Bollinger Bands - the best trading strategy for beginners

If you prefer short-term trading, then you should pay attention to the Bollinger indicator. This tool is ideal for flat trading. It represents the channel within which the price moves.

Accordingly, when the price approaches the upper limit, it is more likely to bounce down. And when it reaches the bottom, you should open a bullish trade.

The Bollinger strategy is best used in conjunction with candlestick analysis, as you need to be able to recognize a false breakout and a reversal moment.

In 80% of cases, the price actually moves within the channel drawn by the indicator. But in 20% there is a breakdown of one of the boundaries, after which the price rushes towards the breakdown, forming a stable trend.

This can be recognized by Price Action candlestick patterns that form at the boundaries of the lines.

This trading strategy for beginners works great on a 5 minute time frame. In this case, we conclude deals for 3-5 subsequent candles.

Alligator trading

Many experienced pros trade exclusively using this indicator, which is able to successfully determine the moment a trend begins. It was created by successful trader Bill Williams. This name often appears in technical analysis. After all, Bill is the author of many instruments that have already become classics.

Visually on the chart, the indicator is presented in the form of three Moving Average moving averages with different periods.

The main signal occurs when three lines cross simultaneously.

Conclusion

The best binary options trading strategy for beginners is simple. In the review, we have listed the most effective indicators that you can combine with each other. This will only increase your work efficiency. We also recommend using them in conjunction with graphical and candlestick analysis.

The simpler the algorithms, the more accessible Forex strategies will be for beginners.

Making money on the “turtle”

The “turtle” currency trading strategy tops the most profitable Forex strategies for beginners, as it is one of the simplest and most effective among many others. Being a beginner in trading, you will quickly understand this method and learn how to extract maximum profit from it. The essence of this Forex strategy for beginners is to evaluate the minimum and maximum indicators of the chart for the last 20 days. Transactions are based on analysis of price movements for currency pairs. When the value falls below the minimum, you should bet to sell, but if it rises above the maximum, it is time to buy.

Strategies for moving averages

No beginner Forex strategy can be built without an indicator such as the moving average. This term denotes the average price of a currency pair, and on a Forex chart this is depicted as a certain number of candles placed in a specific period of time. It is also important to note the fact that other very important indicators are also built on the basis of moving averages.

A beginner's first Forex strategy can be based on the so-called moving average crossovers. The main task of this strategy is to determine the market trend for effective opening and closing of transactions. To work, you will need to monitor the movement of two moving averages - two lines, one of which is fast and the other is slow, since it contains a large number of reporting periods. A signal to action is given by crossovers, which play the role of an objective assistant in decision making and prevent your emotional reaction to fluctuations in currency pairs. The currency value chart in this strategy is intended only to determine the stop loss in trading.

Forex trading strategy for beginners using crossovers helps to make bargain purchase, if the fast moving average curve intersects with the slow one from below, or a profitable sale when the intersection occurs from above.

Forex trading strategy for beginners

If you are just starting your journey as a trader and are afraid to build serious Forex strategies for beginners, then the best solution in this situation there will be observation and analysis of the actions of experienced traders. There is no need to rush if you have not mastered terms such as channel strategy or moving average, and cannot determine which currency pairs are the most profitable in a given period of time. Basic knowledge is important for the first trials and errors. And to prevent these mistakes from becoming unprofitable for you, use a demo account, with which you can build your first Forex strategies. A beginner should not count on big profits right away - it is best to start practical trading with a cent account. And only when you have fully mastered the simplest strategies, you can invest more money and practice in pursuit of greater profits - this will be your personal strategy for beginners in the Forex market!

Our Forex portal Vokino.Ru contains the best profitable Forex trading strategies. They are necessary for both novice traders and experienced, professional market participants. Only here you can find new, popular and free profitable strategies for trading in the foreign exchange market.

Each trading strategy contains explanations for working with it. You can download strategy files without registration and for free. On our portal you will find such strategies as intraday (trading within a day) and medium-term (for daily charts).

1 | 2 | Next | Last

Forex for beginners

The foreign exchange market is becoming increasingly popular every day. This is due to the fact that the Forex market gives everyone a chance to earn real money in a short time, and for this it is not at all necessary to have a large starting capital.

When first getting acquainted with the currency market, most beginners literally drown in complex definitions and terms, trying to understand the principles of trading transactions. To understand the topic, we recommend studying the materials in the Forex for Beginners section. However, the Forex market may seem like a big “secret” only at first glance.

By choosing a reliable and professional trading partner, you can quickly acquire all the necessary trading skills that will help you achieve good results and stable profits.

What is Forex? This is the foreign exchange market main principle which: buy cheaper and sell more expensive. All operations here are carried out on electronic trading platforms, and brokerage companies and banks participate in them.

JUST CHOOSE

A significant part of transactions are concluded in the main currencies: dollar, euro, yen, franc, pound, Australian and Canadian dollars. The popularity of these trading instruments is explained by frequent fluctuations in their exchange rates.

There is an opinion that the Forex market is one of the riskiest ways to invest Money, therefore, attempts by beginners to make profits here in most cases will lead to a loss of capital. However, having studied the market, we can come to the conclusion that trends are formed on the basis of objective factors, so the success of traders does not depend on ordinary luck, but on the ability to competently analyze the situation and on an effective trading strategy.

For beginners who want to test their strategy and improve their skills without risking their own funds, Forex offers a demo account. A virtual deposit will allow you to conduct trading operations, participate in trading competitions, analyze your mistakes and improve your skills.

Articles for beginner Forex traders

The strategy that we will introduce you to in this material will make your trading simple and profitable. The strategy is called simple because it really is. After all, it is known that the key to success lies in simplicity. And the most important thing is that a simple Forex strategy is also profitable! So, get acquainted! RSI Profit Taking!

The essence of this strategy is clear, and finding an entry into the market is even easier. A simple Forex trading strategy can be used with any currency pairs. As for the timeframe, it is better to use from H1.

Construction

As we already wrote above, first we will set the timeframe we need - H1. Now we will build a tunnel. Let's add two moving averages EMA 18 and EMA 28. They are shown in red on the chart. From these, we built a tunnel to determine the beginning and end of the trend.

Simple Forex strategies for beginners are always profitable and understandable.

Now we need to determine the moment when to enter the market. A simple Forex strategy uses WMA moving averages.

We will also add them to the chart. They are of blue color line (5) and green line (12). Now we need to add RSI with a period of 21 in order to understand as accurately as possible when to enter the trend.

When should you buy?

Steps to purchase:

• Action 1. WMA indicator 5 and 12 should cross the red tunnel in the direction from bottom to top.
• Action 2. Average WMA 5 also crosses WMA 12, from bottom to top.
• Action 3. RSI is above the fiftieth level.

When should you sell?

Actions for sale:

• Action 1. Average WMAs, with periods of five and twelve, cross the red tunnel, in the direction from top to bottom.
• Action 2: WMA 5 crosses WMA 12, from top to bottom.
• Action 3. RSI is below the fiftieth level.

Our advice: Make it a habit to open a position when the red tunnel is crossed or too narrow.

How to close a long position?

Let's assume that your price is already at its peak and the WMA with a period of 5 and the WMA with a period of 12 crosses from top to bottom. This is the moment when the long position needs to be closed.

How to close a short position?

Here, the situation is the opposite. Your price is at the very bottom and the WMA with a period of 5 crosses the WMA with a period of 12 in the upward direction. Feel free to close your short position.

And finally...

Simple Forex trading strategies are very profitable.

Forex strategies.

There are times when the red tunnel may be too narrow, or may turn into one continuous line. So, as soon as this happens, remember: the trend will reverse. It will be better if you close your position and open it in the opposite direction. Under no circumstances close an open position until the red lines of our tunnel cross each other.

Forex training courses - go from beginner to experienced trader

Agree that this is a simple profitable Forex strategy. Test it and you will agree that it is not in vain that they say that simplicity is the key to success.

Question to check

Simple forex system "Hunting for stops"

A distinctive feature of the Forex currency market, in comparison with other financial markets, is high leverage. If the standard margin on stocks is 2:1, on options 10:1 and on the futures market 20:1, then Forex offers its traders leverage of up to 200:1. This means that with just $50 in hand, you can manage up to $10,000 in capital. This opens up many prospects for novice traders, but it also has its drawbacks.

After all, such a simple Forex system can lead not only to fabulous profits, but also to the loss of the entire deposit.

Forex strategies for beginners

In this regard, it is very important for currency traders to set so-called stops in their trading, which limit losses in the event of an unsuccessful transaction. Most investors use stops. Considering this fact, you can build a fairly effective strategy. Let's consider one of the variants of such strategies, called the simple Forex “Stop Hunting” system.

Read more…

Reliable Forex Strategy CCCF

CCCF is a simple and reliable forex strategy. It is quite effective and universal, as it can be used on any currency pair on any time frame from M5 to H4. It is enough to adjust the indicator to the new conditions and feel free to start trading.

The Cons indicator is the basis of a reliable Forex strategy

The CCCF strategy is based on the use of the Cons indicator (you can download the indicator from the link at the end of the article).

This technical tool builds a special “box” on the chart, the breaking of which is perceived as a signal to start trading. In the example under consideration, the indicator parameters are configured for the EUR/USD currency pair with the M15 timeframe. For other currency pairs and timeframes, you will need to slightly change the settings, selecting them empirically, so that a reliable CCCF forex strategy is just as effective.

The Cons indicator analyzes the chart of a currency pair and marks areas of price consolidation on them, characterized by sideways movement. These situations indicate that we can soon expect a change in the direction of movement, which is often quite abrupt. It should be noted that the indicator does not mark all consolidation situations, but only those that fall within the configured settings. The parameters boxlenght and boxheigh are responsible for this. The first limits the number of candles, and the second limits the opening price range of these candles, which should be no more than half of this parameter. If the price movement falls within these parameters, then a reliable forex strategy signals the emergence of consolidation.

In the example under consideration, boxlenght=11, boxheigh=10. In other words, the consolidation should consist of 11 candles, and the opening prices of the candles should differ by no more than 5 points. Once such a price movement is detected, a “small box” colored green or red is marked on the chart.

After constructing the “small box”, the “big box” is calculated, and on the basis of this, probable entry points into the market are determined. For this, indicator parameters such as levelUp and levelDn are used, equal in this case to 45. They mark the indentations up and down relative to the boundaries of the “small box”.

Also, in the Cons indicator settings, you need to set the “chart” parameter, which determines the timeframe on which the reliable CCCF Forex strategy will be used. It is on the selected time scale that the search for consolidation will be conducted. Note that if you specify the value “0”, the indicator will select the current timeframe.

The “big box” constructed by the Cons indicator marks the levels at which pending orders are placed. Trading begins when this box is broken.

Principles of a Reliable Forex Strategy CCCF

After the “big box” is formed, two horizontal levels are marked, which correspond to the upper and lower edges of the constructed figure. At these levels, a reliable CCCF forex strategy places two pending orders: one to buy at the top, and one to sell at the bottom. The stop loss for placed orders is 50 points, and the take profit is 110 points.

1) One of the orders was opened and closed at take profit. At the moment this order is closed, the second order is necessarily deleted, regardless of the market situation.

2) One of the pending orders is opened, after which the price reverses and breaks through the opposite level of the “big box”, opening a second order. In this case, the first order will be closed with a stop loss. At its closing level, a new pending order is placed in the same direction. The stop loss and take profit conditions remain the same for the new trade, as required by a reliable CCCF forex strategy.

It may also happen that the Cons indicator will plot a new “big box” on the chart. In this case, all pending and activated orders at the current price are closed, and a reliable CCCF forex strategy starts over. In other words, pending orders are re-established, but under the conditions of a new “box”.

If the price broke through one of the levels, then reversed, closing the trade with a stop loss, and again moved to the previously broken level, then it is better to leave the market. Such situations are quite risky, since it is impossible to accurately predict further price movements, which can lead to even greater losses.

Additions to the CCCF Reliable Forex Strategy

It should be understood that a reliable CCCF forex strategy will be effective only in conditions of a pronounced trend. If there is a prolonged flat on the chart, then price fluctuations may exceed the levelUp and LevelDn indicator parameters, which will lead to false breakouts. In this regard, it is recommended, in addition to the Cons indicator, to use any proven indicator to determine the direction and strength of the trend.

The EUR/USD currency pair, for which the Cons indicator setting option was proposed, is considered relatively “calm” and ideally suited for the strategy under consideration.

Forex Strategies

If you prefer other currency pairs, you will need to make adjustments to the instrument settings. It is best to select parameters experimentally by analyzing the chart and the figures constructed by the indicator. For example, for the GBP/JPY currency pair, a reliable CCCF forex strategy suggests using the following parameters: boxheight=26, boxlenght=10, levelUp=100 and levelDn=100.

The setting of the indicator parameters is also affected by the selected timeframe. The higher it is, the larger the boxheight value will be. If you work with a broker that has five-digit quotes, then all settings increase by 10, with the exception of boxlenght and chart.

Basically, a reliable CCCF forex strategy uses only take profit to fix profits. However, in some cases it is possible to set a trailing stop and move the stop loss to breakeven. For the EUR/USD currency pair, the trailing stop is 45-50 points.

Download indicator
Cons

The goal of any trader on the Forex currency market is to obtain a guaranteed high profit, so each of them is constantly in search of a strategy that would provide him with such a result.

Of course, the most effective Forex strategy is one that is developed taking into account the psychological characteristics of the trader himself. However, there are also fairly well-known, but at the same time very effective, time-tested strategies.

For example, the Martingale strategy. Its advantages are that the profit guarantee is close to 100%. This strategy is based on the principles of probability theory and is calculated down to the smallest details.

The principle of the strategy is to consistently increase lots to compensate for losses. The strategy is very simple, but reliable and suitable for use by both Forex trading beginners and seasoned traders.

Some believe that the most effective Forex strategy is the symmetrical triangle strategy. This strategy is based on the use of one of the technical analysis figures: a triangle must be formed by converging trend lines.

Effective Forex Trading Strategies

Within the framework of this strategy, you can confidently predict the direction of price movement, which allows you to get a guaranteed profit.

Also among the most effective is a strategy based on the analysis of reversal patterns, the so-called double and triple tops. Its use allows you to analyze the situation from the most different sides. However, there may be many false signals that you need to learn to eliminate.

Of course, when talking about the most effective tools, we cannot ignore the Fibonacci strategy and the support levels strategy.

These are the well-known and highly profitable basic strategies for trading in the Forex market. And yet, what is the most effective Forex strategy?

There is no single answer. The main thing is that the trader deeply understands the essence of the methodology used, and that it suits him psychologically. This is the strategy that will be most effective for him.

Without any effort: do not waste time on daily technical analysis, waiting for entry signals and monitoring open positions. Everyone strives to find one that will generate regular income and allow them to do what they love. Therefore, many traders very often look for an answer to the question: “Is there the simplest Forex strategy that does not require much knowledge and does not take a lot of time?” Yes, there is such a strategy, and today we will share with you examples of these strategies that even those without special skills and experience can use in their trading. Indeed, why complicate Forex trading with various indicators and complex rules, when all the answers to the questions of how to make money on Forex lie on the surface, you just need to follow the simplest instructions to start making regular profits in the financial markets. See also which are the most reliable.

Simple trading strategy "Hedge Hog"

This trading system is used by various hedge funds in the stock markets, but it can be used with the same success in the foreign exchange market. The principle of trading is based on the fact that the price cannot move exclusively in one direction, it is always followed by pullbacks. To verify this, open any currency pair. Almost every Japanese candlestick has tails in both directions. Let's take a closer look at the rules of the Hedge Hog trading system:

Trading is carried out daily on the EURUSD currency pair. Immediately after the daily candle closes, you need to open two opposite orders - buy and sell. If your or does not allow you to hedge positions, you can open counter orders on different trading accounts;

For each open position you should set 12 points. This is the calculated take profit value obtained as a result of backtesting the strategy. In 95% of cases, transactions are closed using take profit. As a result, you will make a profit of 24 points per day;

The Hedge Hog trading system does not involve the use of stop losses;

If, after opening an order, the transaction is not closed at take profit for two days in a row, it is recommended to close the position manually, despite the size of the resulting loss. However, this happens extremely rarely;

In case of losses, the following orders must be opened with a double lot to compensate for the losses.

For every 0.1 lot you need to have a deposit of $200, which will allow you to withstand a drawdown of 200 points. The advantage of the Hedge Hog trading system is its ease of use and high profitability. The disadvantage of the strategy is that one losing trade can cover the entire profit received previously. To eliminate this drawback, the author of the strategy recommends using locking orders to avoid increasing losses. When the price comes back, the locking order should be deleted and wait for the take profit deal to close.

According to statistics obtained during a month of testing for this strategy, the following was recorded:

456 points of profit;

76 points of loss;

the total net profit was 380 points.

In addition, the simple trading strategy “Hedge Hog” has the HedgeTest indicator, which draws on the chart the levels at which take profit should be set for each transaction, which makes using this trading system even easier and more comfortable.

Download the indicator for free: HedgeTest.zip

Break-even trading system "Lock with a coup"

There is another simple profitable strategy that allows you to profit from any price movement. In this case, it does not matter at all which direction the price goes. You can choose absolutely any direction to enter a trade, but it is better to open positions in the direction of the trend, this will save you from additional manipulations. Trading using this strategy can be carried out at any time, but the most favorable time is considered to be the period of active Forex trading - the beginning. The most volatile ones, characterized by long-term trend movements, are best suited for trading: GBPUSD, EURJPY, GBPJPY.

After you have opened a deal, for example, to buy, instead of a stop order at a distance of 30 points, you should place two Sell Stops with the same volume as the previous deal. If the price moves in the opposite direction to the open trade, then pending orders will be triggered, one of which is locking, and the second is intended for taking profit. After the pending sell orders are triggered, it is necessary to place two more pending Buy Stop orders at the opening price in order to avoid accumulating losses in the event of a price reversal. Thus, an odd number of orders should always be open, for example, two to sell and three to buy, of which two sell and buy orders each will be considered locking, and the third buy order is intended for taking profit.

It is not recommended to place locking orders at a distance of less than 30 points, since in the event of a sideways movement (flat) a large number of orders may be opened. You can close positions at the end of the day or when a certain amount of the total take profit is reached. This strategy has proven itself well in practice and has a large number of positive feedback from traders. Its weak point appears during the formation of a flat, when it is necessary to open a huge number of locking orders. Therefore, it is important to have a sufficient size so that positions are not closed on margin calls. If you find yourself in a sideways movement, you need to wait it out, topping up from time to time so that there is always free funds in your account. You can also expand the distance between orders until the flat ends. The risk per trade should not exceed 0.01 lot with a deposit of $100. By following these simple rules, you can withstand any flat and emerge victorious.

A simple Forex strategy using the Martingale system

This strategy is based on the principle that the price is not static, it constantly moves up and down. Have you ever noticed that when opening a transaction, the price does not immediately move in our direction, but fluctuates for some time, going either positive or negative. This is what our simple trading strategy is based on. It is necessary to simultaneously enter the market with two market orders for one currency pair – Buy and Sell. For each open position, you must set a take profit of 10 points and a stop loss of 30 points. In 80% of cases, transactions are closed with a profit, since the price is given room for maneuver, and the size of the take profit is small, which significantly increases the chances of it being triggered. If you entered into trades with a volume of 0.1 lot, and the positions were closed with a profit, then you will receive $20. When closing take profit transactions, you must re-enter the market with the same lot size.

If the trade was closed with a stop loss, then next time you need to open trades with a double lot of 0.2 at . The success rate in this case is 90%. When closing take profit transactions, you will receive $40, minus the $20 loss, the net profit will be $20. If unsuccessful, we raise the rates again and enter the market with a volume of 0.4 lots. The probability of success increases to 95%. If the trades are closed with a profit, you will receive $80. The losses on previous transactions amounted to 20 + 40 = 60 dollars, that is, in the case of a successful transaction, the profit received will compensate for all losses, and you will receive the same 20 dollars.

If this time you suffered losses, then you need to open trades again with a double volume – 0.8 lots. The probability of success in this case is 99%. The net profit will be 160 – 20 – 40 – 80 = 20 dollars. As you can see, you will again receive $20 if the transaction is successful. As practice shows, the situation when you have to increase the lot volume to 0.8 is extremely rare, and losses occur even more rarely after the completion of this transaction. Most often, transactions are closed with a profit in the second or third stage. When closing take profit positions, you must return to the original lot volume. Despite the apparent simplicity of this strategy, the profit earned with its help is quite real.

Forex Ultra Filter - the simplest Forex strategy

Why waste time conducting or searching for price patterns when you can use a simple strategy to make a profit. This is precisely the strategy that is the Forex Ultra Filter trading system, which was developed by one practicing trader who managed to increase his deposit 6 times in a year with its help. When trading using this strategy, you do not need to pay attention to the current trading session. The Forex Ultra Filter trading system was developed specifically for the AUDUSD currency pair, which is distinguished by its protracted trend movements. Trading using the Forex Ultra Filter trading system is carried out around the clock on H1 or H4 according to the signal of the Ultra Filter indicator. You should enter trades when the color of the indicator changes. If a red bar of the Ultra Filter indicator appears, and before that there were blue bars, then you need to enter into sales.

When a blue bar appears, you should open purchases.

Important! There is no need to wait for the candle to close; you should enter a trade immediately after the color of the bars changes (the Ultra Filter indicator does not redraw).

In order not to sit in front of the computer monitor waiting for a signal, an alert was attached to the indicator that will notify you sound signal about changing the color of the indicator. In addition, you can configure the indicator to inform you when a new signal appears by email.

Download the indicator for free: UltraFilter.rar

You need to exit the trade at take profit or when a reverse signal appears. To trade on the H1 timeframe, you should set a stop loss of 70 points, and a take profit of 3 times more, that is, 210 points. If you do not have the opportunity to constantly be in front of your computer monitor, then you can trade on the H4 timeframe. In this case, the ratio of stop loss to take profit will be 150 / 450 points. It should be remembered that with this trading system a successive series of losing trades is possible. However, one profitable trade will compensate for all losses and also bring good profits.

The simplest Forex strategies that have proven their effectiveness in practice have been discussed above. If you think that only complex trading systems have the right to success, then you are mistaken. On the contrary, the fewer graphical objects on the chart, and the less time you spend analyzing the chart, the more profit this strategy can bring. The golden rule of Forex is not to overload the chart with unnecessary indicators. Before you start trading, always ask yourself not what can be added to the trading system, but what can be removed from it. At the same time, pay more attention not to indicators, but to price behavior. Good luck in trading!

Many have tried to make money on the Forex market. Only a small part of novice traders continued their training after the first stages of familiarization. And only a few earn consistently from this type of trading. The thing is that to successfully trade on Forex, you need to take into account many nuances, learn analysis methods and other factors that help you make money. Today we will tell you about six of the simplest, proven and reliable Forex strategies for novice traders.

The simplest Forex strategies for beginners:

Is it possible to trade and make money on Forex without knowledge?

​There is only one answer to this question - no. When you register with a broker for the first time, you will not immediately make a profit. When concluding deals, you can only count on luck. Next, we will talk about strategies that will help beginners make money. But even for this you should have basic information about the Forex market. If you understand that there is no easy money in trading, and have already begun to study important aspects, then the trading methods proposed below will help you not to lose your deposit and even increase it. Well, let's not delay any longer and move on to the description.

Line Bounce Strategy

Not yet mastered the many different indicators that Meta Trader offers? They are not needed to trade using this strategy. However, first things first.

As you know, 70-75% of the time the market is in a flat, that is, the price practically does not change. And only in 25-30% we can observe a trend movement up or down. So, for trading we will be interested in precisely these 25-30% of the time.

Trading during a flat and against the trend is an almost 100% guarantee of losing your deposit. But if you choose the right moment to enter during a trend movement, you can make good money.

The essence

To trade, you will have to learn how to overlay rebound and resistance lines on a chart. It’s not difficult to do, but if you don’t know, we’ll tell you. But first, let's explain why the strategy is so effective:

• The probability that the trend will continue its movement is much higher than its reversal or transition to flat;
• The trend movement does not change until the corresponding signal appears.

Considering these factors, you can safely trade on a rebound from the support or resistance line.

How to build lines

In the MT4 trading terminal, you should select the desired asset and combine the last 2 minimums or maximums and continue the beam. In the first case, this is a support line, in the second, it is a resistance line. In this case, the lows should be directed upwards and the highs downward, because we will be trading on a rebound. Trade will continue to come from them.

Purchase

In an uptrend, you should find the last 2 lows and apply the corresponding line. The price has already touched the support level twice. Now, when it reaches it for the third time, you should open a long buy position.

Stop Loss and Take Profit should be set depending on the current volatility. Stop should be at least 30-40 points. The take should be 2 times the loss. It is preferable to trade on the EURUSD currency pair, and the timeframe of the bars should be 4 hours (H4).

And in conclusion, a little fanfare. You can enter into a deal if the price touches the line for the fourth or fifth time. But after this, the probability of a breakdown increases significantly and it is better to refrain from trading.

Sale

First, you should draw a line along two decreasing highs, which will indicate the presence of a downward trend. Just as in the case of a purchase, you should wait until the price touches the line. At this time, we open a short trade down.

As for the brake lights, they are identical to the purchase. Stop loss - 30-40 points, Take profit - 2 times more.

The strategy for trading on a rebound from support and resistance lines does not contain abstruse formulas and does not force you to use several indicators and charts at once. It's simple, but nevertheless effective. Therefore, if you do not have a large arsenal of knowledge, you should adopt this method.

However, this strategy is not the only one that allows you to make money on Forex without professional skills. So let's forget about bouncing off lines for a moment and move on to the following methods.

Free Candle

Free Candle is another incredibly simple strategy. It has several advantages:

• Easy to understand and use. Just one indicator that does not require special knowledge to understand;
• Ability to make several transactions per day. The Free Candlestick strategy was developed for trading on the M15 chart. Compared to H1 and older, it is possible to trade much more often;
• Versatility. The strategy is equally effective on various currency pairs. This means that you will definitely not be left without a suitable signal. It is also worth noting that you can trade during any session, although it is better to limit yourself to the European and American ones, and leave the Asian one to others.

Description

When analyzing the market, an EMA moving average line with a period of 9 is superimposed on the chart. Its main task is to show the average price value. Have you ever used this indicator? If yes, then you have probably noticed that some candles are located below or above the line. At the same time, neither the body nor the shadow touches it. They are what are called free, which will serve as a signal for entry. But the candle must meet the following requirements:

• In a bullish trend, the opening price of the candle should be lower than the closing price;
• During a bearish trend, the opposite is true: the opening price is higher than the closing price.

Purchase

You should find an asset on the chart of which there is an upward trend (EMA is directed upward). Now you should wait for a free candle to appear that meets all the necessary requirements.

Next, you need to wait for the signal candle to close. If its final price is located above the maximum value of the previous pattern, then when opening the next one after a free candle, we open a trade for an increase.

Stop loss should be set at the low level of the signal candle. Count the number of points of a free candle and multiply them by 2. The resulting value is TakeProfit. You need to postpone it from the trade opening level upwards.

And at the end, a little advice: when the price has moved in the desired direction from 70% of the distance between the stop and the opening point, the transaction is transferred to breakeven.

Sale

If there is a downward trend, you should wait for a free candle to appear, and then for it to close. It is worth entering trades with a short trade and a reduction if the closing price of the signal candle is lower than the previous maximum.

Stop loss should correspond to the maximum of the free candle. Take profit is calculated in the same way as in the case of a purchase. Don’t forget about transferring to breakeven after completing 70% of the way.

Have questions? Surely not, because the strategy is really simple and even a beginner will be able to handle it. But if you still haven’t learned something, re-read the section and try the method in practice. And then move on to the continuation, because this is not the last strategy that can bring income on Forex.

One look

Do you think that to trade on the Forex market you always need to analyze the market situation for a long time before concluding a transaction? Do you think that trading gurus and no one else can make trades just by looking at the chart? What would you say if we can prove that you too can find an entry signal in a few seconds? Don't believe me?

Description of the strategy

To trade using the One Look strategy, you do not have to adhere to strict conditions. Of course, they exist, but they are quite simple, so you don’t have to cram them:

• Currency pair - any;
• Chart timeframe - D1;
• Indicators - EMA 5 and 12, RSI with a period of 21. The latter, in addition to setting the period, requires additional settings. The oscillator has standard levels of 30 and 70. They need to be removed and set to one with a value of 50.

Entrance

Now let's look at when to enter the market. You should enter into a buy deal if the fast moving average with a period of 5 crosses the slow moving average from bottom to top, and the RSI line is above 50. You should trade to sell if EMA 5 crosses EMA 12 from top to bottom, and the oscillator shows a value below 50 .

You should exit trading if the moving averages cross again or if the oscillator crosses level 50.

The only drawback of the strategy is the small number of transactions. However, this is more than compensated for by its simplicity and efficiency.

Definition and construction of a trend channel

Identifying a trend is something every novice speculator should learn. Without this skill there is nothing to do in Forex. But once you master it, you can start making money without bothering with formulas and indicators. Still don't know how to spot a trend? Then read on, or better yet, pick up a pen and notepad.

The price is constantly rising or falling. This is one of the main misconceptions of beginners. In fact, the price almost always moves in a narrowed price corridor, which you need to be able to determine. This movement is called a trend, and there are three types:

• Rising (bullish) - the price during this time may fluctuate up or down, but in general there is an increase in price;
• Downward (bearish) - during this trend the price decreases, but this also does not mean that you will not see upward candles;
• Sideways (flat) - during this time the price does not tolerate significant changes, and the market is in consolidation.

Trend line and channel line

A trend line connects the last two highs in a downward trend and the two extreme lows in an upward trend. We already discussed this in one of the previous strategies.

The channel line is drawn parallel to the trend line. Thus, price fluctuations should occur within the corridor, which will indicate the presence of a trend: downward, upward or sideways.

A trend channel is a great opportunity to make a profit. It is recommended to open a trade on a rebound from one of the lines, and close it when approaching the second. Thus, the lines can be effectively used to capture brake lights. So, for example, during an upward trend, Take Profit is set at the level of the upper line, and Stop Loss at the level of the lower one. With a downtrend the situation is different.

If the price has not reached the channel line, it means that the trend is weakening and may soon change direction.

Strategy with MA and ADX indicator

At first glance, it may seem that the strategy is somewhat more complicated than the others. There are 2 indicators used here, one of which shows several lines at once. But don't get upset right away. Even if you have just started trading on Forex, this TS will be tough for you.

So, configure the following indicators in the trading terminal:

• MA - shift 0, period 20, apply to close, type - exponential;
• ADX - levels 20 and 50, apply to close, period 14.

The strategy is equally effective on any currency pair. And the TF can be selected from M5 to H4. But we recommend stopping at M30 or H1.

Purchase

• The +D1 line breaks through level 20 from bottom to top and remains there;
• The trend strength line remains at the top of the indicator window;
• The price approaches the moving average and touches it.

When all 3 points are completed, a buy deal is opened. The ratio of take profit and stop loss should be 2:1. The latter is set at the level of the nearest minimum, and then the choice of take is calculated.

Sale

• +D1 breaks level 20 from bottom to top;
• The trend strength line also remains at the top;
• The price approaches the EMA from below and touches it.

Feet. Stop loss is guided by a local maximum. To get take profit, you should multiply the number of points by 2 times.

By adhering to money management and trading conditions, you will be able to effectively trade each of the proposed strategies. And having gained experience, you can adjust them to suit yourself and increase the number of successful transactions.