Four high-margin trading strategies for beginners that are simple to implement

[JRFX Forex player]

Today, we're sharing four high-profit trading strategies summarized by a trader with 15 years of experience. These strategies have helped him move from losses to profits. Let's see which one suits you best!

1. Moving Average Crossover Trading Strategy

Features:
- Simple and easy-to-use trend-following strategy
- Easy to set stop-loss
- Applicable to any currency pair and timeframe

Strategy Setup:
- Add a 9-period Exponential Moving Average (FMA) to the chart
- Add a 14-period Exponential Moving Average (SMA) to the chart

Entry Conditions:
- Enter a long position when the FMA crosses above the SMA
- Enter a short position when the FMA crosses below the SMA

Exit Conditions:
- Set the stop-loss at the low/high of the candle before the crossover
- Set the take-profit at 1.5 to 2 times the stop-loss

2. MACD Divergence Trading Strategy

Features:
- Easy signal recognition
- Potential for substantial profits
- Suitable for short timeframes

Strategy Setup:
- Add the MACD indicator, set to Fast EMA 12, Slow EMA 26, and SMA 9

Entry Conditions:
- Enter a long position when both price and MACD show a bullish trend
- Enter a short position when both price and MACD show a bearish trend

Exit Conditions:
- Set the stop-loss near the support/resistance level
- Set the take-profit at the next support/resistance level

3. Forex Gap Strategy

Features:
- Uses clear rules for regular trading
- No stop-loss or take-profit settings

Trading Steps:
- Choose a highly volatile currency pair, such as GBP/JPY
- Check for a gap at Monday's open; the gap should be at least 5 times the average spread
- Enter a long position if Monday's open is lower than Friday's close, and vice versa
- Close the position before the end of the trading week

4. Support and Resistance Trading Strategy

Features:
- Low and clear stop-loss
- Relatively high accuracy

Trading Steps:
- Identify support and resistance levels, formed by two or more candlestick lows/highs
- Enter a short position when the closing price is below the support level, and a long position when it's above the resistance level
- Set the stop-loss at the low/high of the previous candle
- Set the take-profit according to the stop-loss or use a trailing stop

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[Fin_Trader]

MACD Divergence Trading Strategy is one of the best trading strategies, but it is better to use it on the H1-H4 timeframe. I have been trading at FXOpen for a long time and once started trading with this strategy to check the quality of trade execution.

 

[Ovidio Lettiere]

Here are four high-margin trading strategies for beginners that are simple to implement. Trend following involves buying in an uptrend and selling in a downtrend using moving averages to identify market direction. Breakout trading focuses on entering trades when the price breaks key support or resistance levels. Swing trading captures short-term price moves by utilizing candlestick patterns to identify potential reversals. Finally, grid trading places buy and sell orders at regular intervals, allowing traders to capitalize on market fluctuations consistently. I am free to apply any strategy on LQDFX broker’s trading platform and their superior customer support and VPS service are really fantastic.

 

[Fin_Trader]

grid trading is quite complex trading, it will be difficult for beginners to use it

 

[Polakandil]

The moving average is a lagging indicator, which means it gives a signal after a new trend is formed. MA crossover may be a trading system that is easy to understand, but because it is lagging, traders are often late in entering while the trend has passed.