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Sauce 4.1 (Forex)

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0% found this document useful (0 votes)
59 views6 pages

Sauce 4.1 (Forex)

Uploaded by

musa shahid
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Leakquidd Sauce 4.

For all my trading guys, been waiting for something


related to their trading?
Here’s a First-Basic strategy build-up
guide for FOREX TRADING.

this is a First guide relating Forex Trading that’s why its gonna
be very ground basic tips and strategies that almost everyone
already knows whoever serious in this market.

Its just to give you a touch of idea of what type of stuff you
gonna see on my community

There will be a lot of secret stuff related to trading whether its


FOREX, STOCKS or CRYPTO including
secret tools, strategies, tips and calls.

Read this PDF from end-to-end to learn one of the


REAL GAME being played in the REAL WORLD.

This is for people who already doin this and have enough knowledge about this shii, I
will share another guide to start this shiii from beginner level step-by-step
Understanding Forex Trading

The forex (foreign exchange) market is the world’s largest


financial market, where currencies are traded. It’s known for
these shii:

High liquidity: Lots of buyers and sellers due to global


activity, with currency pairs traded constantly as banks open
and close worldwide.

High leverage: This means you can control a large position


with a relatively small amount of money.
The goal in forex trading is to profit from changes in currency
prices. While many small investors see it as a chance to make
significant gains, it’s also highly competitive, involving banks and
major financial institutions.

Step 1: Pay Attention to Daily Pivot Points

What are Pivot Points?


Pivot points are key price levels where the currency might
change direction (e.g., from rising to falling or vice versa).
Traders worldwide use these points to set their buy or sell
positions, making these levels more significant.

How to Use Pivot Points:


Example: If you see that the EUR/USD pair is nearing a pivot
level and historically turns around at this point, it may be a
good opportunity to trade based on the expected price
movement.
Pivot points act like "magnet" levels, where price often reacts,
especially in short-term trading.

Tip: While pivot points shouldn’t be the only strategy, they can
confirm trends or signal possible reversals, helping you make
better-informed decisions.
Step 2: Trade with an Edge

What Does “Trading with an Edge” Mean?

Having an edge means identifying a factor that increases


your trade’s likelihood of success, like trading at a historically
strong support or resistance level.

How to Identify an Edge:


Use technical indicators, such as moving averages, to identify
points where support or resistance is likely.
Example: If you see the 10-period, 50-period, and 100-period
moving averages aligning around the same price, this
convergence strengthens that price level as either support or
resistance.

Combination of Indicators:
Multiple indicators on different time frames can boost your
edge.
Example: If the 50-period moving average on a 15-minute
chart aligns with the 10-period moving average on an hourly
chart, that price point is reinforced.

Step 3: Preserve Your Capital

Why Preservation Is Key:


In forex, protecting your money is often more important than
making huge gains. Avoiding major losses lets you keep
trading and increases your chances of finding profitable
opportunities.

Risk Management Tips:


Avoid overtrading or risking too much on a single trade.
Example: If you invest all your money in one trade and it fails,
you could lose your account. Instead, limit risk per trade (e.g.,
1-2% of your account).
Step 4: Simplify Your Technical Analysis

Why Simple Strategies Often Work Better:


More indicators don’t always mean better results. Too many
signals can create confusion and doubt.
Effective Approach with Few Indicators:
Some traders use just a simple candlestick chart and price
action patterns.
Example: Instead of loading charts with moving averages
and indicators, focus on patterns like pin bars (candlesticks
with long wicks), which can signal potential reversals.

Compare Two Traders-------


Trader 1-- has a complicated setup with many screens and
indicators, which can cause decision paralysis.
Trader 2-- uses a basic setup with a few indicators and
focuses on high-probability candlestick patterns, often
achieving better results.

Step 5: Place Stop-Loss Orders at Reasonable Levels

What is a Stop-Loss Order?


A stop-loss is an automatic order to close a trade if it reaches
a certain loss level, protecting your account from excessive
losses.
Setting Stop-Loss Orders:
Place stops at a level that makes sense based on market
analysis, rather than too close to your entry, which might
stop you out before the market turns in your favor.
Example: Suppose you’re trading AUS/USD and have set a
stop-loss at 0.7880 because it seems to be a support level on
a 5-minute chart. If the price drops slightly to 0.7870 (a
stronger support on the 4-hour chart), your trade might still
succeed if your stop is at 0.7870 instead of 0.7880.

General Rule:
Place your stop slightly beyond what you expect as a logical
price level if your analysis is correct. This balance helps avoid
premature losses without taking on too much risk.
By keeping these strategies in mind, you’ll be better equipped to
navigate forex trading successfully.

Remember, patience, practice, and disciplined risk management


are crucial in this competitive market.
The thing you just learned is so helpful to give you a idea
how you can ensure your guaranteed profits in FOREX
TRADING in REAL WORLD
But.....
if you really have that fire inside you to make your breads in
7-figures....from
ground ZERO to your first MILLION
in the quickest (not easiest but quickest) ways possible with
dark-web leaks that contains stuff like these and other really
helpful stuffs like I’ve already shared.

Text me HERE for free consultation and 1-on-1 membership


where I mentor some lucky people that I choose personally
to become a student in my Private Community.
(there’s both FREE and paid plans)

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