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Top Forex Strategies for Beginners – Yiga FX Master

Top Forex Strategies for Beginners in Uganda

Welcome to Glow With Yiga – where we rise by learning smart, growing slow, and trading with purpose.

If you’re just starting out in Forex and want real, simple strategies that actually work in the real market – this post is for you. In this guide, I’ll share beginner-friendly strategies that are practical, easy to understand, and tested on real charts like EUR/USD and BTC/USD.

1. The M15 + H1 Confirmation Strategy

This is one of the cleanest ways to trade with trend and precision:

  • Check the trend on H1 (1 Hour): Use the 50 EMA (Exponential Moving Average) to know whether the market is bullish or bearish.
  • Entry on M15 (15 Minutes): Wait for a strong candle pattern like an engulfing candle or pin bar that aligns with the H1 trend.
  • Stop Loss: Place it slightly above/below the recent high/low.
  • Take Profit: Go for 1:2 or 1:3 risk-to-reward ratio. Example: risk 10 pips to gain 20 or 30 pips.

Why it works:

This strategy avoids trading against the trend and gives you tighter entries using the lower timeframe.

2. Support and Resistance Strategy

The market always respects zones – areas where price has reacted before.

  • Draw zones using H1 or H4 timeframe.
  • Wait for price to reach the zone, then observe how it reacts.
  • Look for candle confirmations – like wicks, engulfing, or rejection candles.

Pro tip:

Combine this with the M15 strategy for sniper entries.

3. Risk Management Strategy (The 1% Rule)

Even the best strategy fails without risk management.

  • Never risk more than 1% of your account on a single trade.
  • If your balance is $100, risk $1. If it’s $1000, risk $10.
  • This protects you from blowing your account and gives you room to grow.

"Risk small to stay in the game long enough to win big."

4. News Avoidance Strategy

Trading around high-impact news (like NFP, CPI, FOMC) can cause huge volatility and unexpected slippage.

  • Use ForexFactory or Myfxbook economic calendar to check daily news.
  • Avoid trading 15–30 minutes before and after big news.

This saves you from unpredictable market spikes that can hit stop losses instantly.

5. Journaling Strategy

Every serious trader keeps a record. A journal helps you review mistakes, track progress, and build discipline.

  • Record each trade: Pair, setup, lot size, result, emotion.
  • Review every week to learn your patterns and fix bad habits.

Need a simple journal format? DM me or join the channel below.

💬 Ready to Grow Your Forex Skills?

I share daily trading tips, chart analysis, lessons, and strategies like this on my Telegram channel:

🔗 Join now → Yiga FX Master on Telegram
💡 Real tips. No noise. No hype. Just consistent growth, one day at a time.

Whether you’re trading from a phone, a laptop, or just learning – you're welcome. Let's grow together. Let’s glow together. 🌍

— Yiga Moses | Glow With Yiga
WhatsApp: +256743427476

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