Learn an easy Forex trading strategy using free indicators and Candlestick trading pattern. This strategy works best on higher time frames in trending markets. Use moving averages and look for bearish engulfing candlestick patterns. Trade with a 1:1 risk to reward ratio and place stop loss above previous high.

An Easy Forex Trading Strategy for Beginners Using Moving Averages and Candlestick Patterns

Introduction
– Overview of the easy Forex Trading strategy for beginners
– Use of free indicators and one important Candlestick trading pattern
– Explanation of how this strategy works
– The source of this trading strategy

Components of the Strategy
– Time frames that work best for this strategy
– Explanation of the two moving averages
– Importance of trading in trending markets

Engulfing Bar Candlestick Pattern
– Description of the bullish and bearish engulfing bar patterns
– The importance of this candlestick pattern in Forex Trading
– Example of a bearish engulfing bar for sell trades

Putting the Strategy Together
– How the strategy works by waiting for price to pull back to moving averages
– Idea of being oversold as price moves further from the moving averages
– Example of when to take a sell trade
– Other examples of this strategy working in a downtrend

Risk Management and Trade Entry
– Placement of stop losses and take profits
– Importance of a good risk to reward ratio
– Recommended trade entry point

Conclusion
– Benefits of this Forex Trading strategy for beginners
– Encouragement to try this strategy out with practice and further research
– Reminder of the importance of risk management in trading.

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