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Beginners trading strategies
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Mac-Collins
56 days ago🎯 Beginner Trading Strategy – “Trend + Pullback”
📌 Setup Checklist (Before You Enter a Trade)
1. Timeframe → Use 1H or 4H chart (clearer trends).
2. Indicators → Add:
50 EMA (blue)
200 EMA (red)
RSI (14)
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📈 Entry Rules (Buy Setup)
1. Trend Check → 50 EMA is above 200 EMA (uptrend).
2. Pullback → Wait for price to come down near the 50 EMA or a support zone.
3. Confirmation → RSI is above 40 and a bullish candle (e.g., engulfing) forms.
4. Enter Buy → After candle closes.
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📉 Entry Rules (Sell Setup)
1. Trend Check → 50 EMA is below 200 EMA (downtrend).
2. Pullback → Wait for price to move up near the 50 EMA or a resistance zone.
3. Confirmation → RSI is below 60 and a bearish candle forms.
4. Enter Sell → After candle closes.
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🎯 Exit Rules
Stop Loss (SL) → Place just below support (for buy) or above resistance (for sell).
Take Profit (TP) → Aim for 1:2 risk/reward (if you risk 20 pips, target 40 pips).
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🧾 Example Trade (EUR/USD Buy)
Trend → 50 EMA above 200 EMA ✅
Price pulls back to support near 50 EMA ✅
RSI above 40, bullish engulfing forms ✅
Enter Buy at 1.1000
SL at 1.0980 (20 pips risk)
TP at 1.1040 (40 pips profit)
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🔑 Pro Tips
Trade only when rules align (don’t force it).
Use 1–2 trades per day max.
Journal every trade: entry, SL, TP, result, what you learned.
If 3 trades in a row fail, stop trading that day and review.
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👉 This strategy is simple, repeatable, and fits perfectly with your 30-day routine.