Best Forex Strategies & Advice

Best Forex Strategies & Advice

The fact of the matter is that Forex trading is of course not easy. Sure, it has the potential to be hugely profitable when done right. However, it also has the potential to cause traders to lose large sums of money in very short periods of time. Yes, there are plenty of successful traders out there, and what they all have in common is that they used good Forex strategies.

Now, if you are a newbie to the world of Forex, you probably don’t know too many Forex strategies. Moreover, if you have never traded before, you could definitely do with some tips and advice, and some crucial education in general. FX trading is not the kind of thing that you can just wake up one morning and decide to be successful at by day’s end. It takes a lot of good knowledge to trade FX profitably.

This is what we are here for today, not as much to talk about specific Forex strategies and trading advice, but more to provide you with a great source for these strategies and tips. His name is Andrew. A, a long time day trader with plenty of experience under his belt. Andrew has seen great success in the world of Forex, and through his various funnels and channels, he does his absolute best to relay the best Forex strategies and advice to the people who need them the most.Forex Strategies

Who is Andrew A?

Before we get into talking about some of his best Forex strategies & tips, let’s quickly talk about Andrew. Andrew is a Forex trader with over 10 years of experience under his belt, and yes, he is very profitable. In fact, Andrew is the creator of the Income Mentor Box Day Trading Academy, various Forex & Crypto signals groups, and even some high quality automated Forex trading software too.

This man knows what he is doing, and where he is generally best known from is his YouTube Channel, Andrew’s Trading Channel. Specifically, this trading channel is what we are here to talk about today, as this is where Andrew provides his followers with some of the best Forex strategies and trading advice around.

Forex Strategies

 

Andrew’s Best Forex Strategies & Advice

Ok, so right now we want to take a look at some of Andrew’s best and most recent Forex strategies that he has covered, as well as some of his latest Forex trading tips and advice videos too. Let’s take a look.

Simple & Profitable Forex Scalping Strategy

What you need to know here is that in Forex, scalping is all about placing many small trades. Instead of placing a few large trades, which can be very risky, scalping is all about making tons of small trades on short timeframes. This can indeed be very successful when done right.

When it comes to Forex strategies, this particular one involves using the 3 EMA (exponential moving average) to create scalp trade setups. It’s definitely a video worth watching if you want to make decent profits really fast. This is one of Andrew’s most recent Forex strategies videos, and it has already become very popular among his followers.

EUR/USD Forex Scalping Strategy

Yes, here we have another video where Andrew describes one of his popular scalping Forex strategies. However, unlike the strategy video discussed above, in this one, Andrew uses the EUR/USD currency pairing as an example.

He does everything right in front of your eyes, including placing trades, so you can see exactly how he does it. If you want to trade the EUR/USD pairing, that has a huge profit potential, checking out this video on how to do it might be able to help you out.

Knowing When to Cut Trades

When it comes to Forex strategies, something that needs to be a part of every trading strategy, is knowing when to cut trades. Yes, sometimes trades go south and losses happen. This is just the way it is, and it is nothing to fret about.

That said, when trades are not going your way, you need to know when it is time to throw in the towel and just cut your losses. In this particular trading tutorial, Andrew discusses the two most important signs you need to be aware of that signify when it is time to cut a trade.

3 Ways to Find Forex Entries

Whereas the previous Forex strategies video we looked at was about knowing when to cut your trades, this one is about knowing when to open them. Of course, entering a Forex trade at the right time, and making sure that you are trading with the right currency pairs, is essential to success.

The right timing for the right trade can make a world of difference. This is why in this particular video, Andrew tells you what the 3 best ways to find Forex entries are. This is a really important tutorial video for all newbie traders, and we would definitely recommend watching it.

RSI & Fibonacci Forex Hack

In this particular Forex strategy video, Andrew discusses a somewhat complex yet useful trading strategy. As far as Forex strategies go, particularly those discussed by Andrew in recent times, in our opinion, this is by far one of the best.

Yes, it involves using two different indicators, Fibonacci and RSI in order to find the best possible trading signals and the best entry points. Yes, this particular strategy takes a bit of know-how and some time to master, but it has great profit potential and is definitely worth looking into.

 

Best Forex Strategies & Tips – Final Thoughts

As you can see, when it comes to the best Forex strategies and advice, Andrew’s Trading Channel is one of the top sources indeed. He’s got plenty of great advice that everybody and anybody can make use of. Folks, if you really want to make Forex trading as easy as possible for you, checking out the EA Pip Scalper app is a good idea, the first fully automated Forex trading system of its kind.

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The EA Pip Scalper Review

The EA Pip Scalper Review

As you probably know by now, the EA Pip Scalper app was just released onto the market, and it has already managed to make a massive impact. For those of you who don’t know, the EA Pip Scalper Autobot is a piece of automated trading software for Forex.

Now, we understand if you are a bit weary of FX autotraders. After all, there are plenty out there that just don’t work, ones that scam you for money, and those that are far too complicated to use as well. However, the EA Pip Scalper system, from what we can tell, is one of the most user friendly automated FX trading apps out there.

What we can say with 100% certainty is that this is definitely not a scam, not in the least. This application is designed to allow both seasoned and newbie traders alike to make big time profits with minimal time and effort invested. Today, we want to do an EA Pip Scalper review, mainly to talk about the variety of features and benefits that it can bring to the table.

EA Pip Scalper

EA Pip Scalper App – Features Galore

Ok, so today the only thing that we are here to do is to inform you of all of the features and benefits that this EA Pip Scalper has to offer traders across the world.

 

100% Auto

One of the most important things to note about the EA Scalper Bot is the fact that it is indeed 100% automated. There are so many other apps out there that claim to be fully automated, when in fact they are not. However, this is not the case with this new EA Pip Bot.

This bot is indeed 100% automated. You can install it, set your parameters, activate it, and then walk away from it. It does all of the hard work and heavy lifting for you, and it helps save time as well. You can walk away from it as it does the trading for you.

EA Pip Scalper

Beginner Friendly

Another big benefit that you get with the EA Pip Scalper Bot is the fact that it is super user friendly. This bot is designed so that even people with absolutely no knowledge of Forex can trade profitably.

Folks, you don’t have to spend hours and hours trading, you don’t need to do research or analysis, and you really don’t need to know the first thing about Forex at all.

The whole point of this software is to know everything and do everything, so you don’t have to. Sure, seasoned pros can still use it too, as it really is a great time saver.

EA Pip Scalper is Made for MetaTrader

What is important for you to know that this is not a freestanding application. In other words, it’s not its own trading platform. The EA Pip Scalper system works in conjunction with the MetaTrader platform, a super popular Forex trading platform, one of the most popular and useful in the world.

To be specific, this software is designed to work exclusively with MetaTrader 4 and MetaTrader 5, so you will need one of the two in order to use the Pip Scalper Autobot. That said, MT4 and MT5 are both easy to install, and installing the Pip Scalper on those platforms is just as simple.

All Forex Pairs & Timeframes

Yet another important fact to be aware of is that the EA Scalper Bot has the ability to trade all Forex pairs on all timeframes.

You might think that this is completely normal, something that all autotraders allow for, but this is not the case. In fact, the vast majority, if not all apps out there, only focus on a few specific Forex pairs, and they only allow for trading on a few specific timeframes.

However, with the EA Pip Scalper Bot, you are not limited to any pairings or timeframes, as it trades all currency pairs on all timeframes. This is a big time feature, perhaps one of the main selling points.

EA Pip Scalper

Trend Detection Algorithm

Something we will get into later on, but worth mentioning today, is how this Forex autotrader uses a series of advanced algorithms to identify the best trading opportunities. One of the most powerful algorithms included here is the trend detection algorithm. Of course, trading trends is huge in Forex, and it can definitely lead to substantial profits.

EA Pip Scalper is Customizable

Yet another thing about the EA Pip Scalper system that you might like is how versatile and highly customizable it is. Here, you can change any parameters as you see fit, whether the currencies being traded, the timeframes, the lot size, stop loss, take profit, and more. Yes, the bot is fully automated, but this doesn’t mean that you can’t give it clear instructions in terms of how, what, and when to trade.

EA Pip Scalper

Great Signal Accuracy

Perhaps the most important thing to mention about the EA Pip Scalper system is that it does indeed produce good results. Here, you can expect the signal accuracy to be anywhere between 85% and 95%.

Folks, this means that well over 8 out of every 10 trades place by this software turn out to be profitable winners. This win rate is much higher than you could ever expect with any other system out there. Just check out the image below for proof of how well this autotrader works to put money in pockets.

EA Pip Scalper

EA Pip Scalper Review – Final Thoughts

At the end of the day, as you can see, the EA Pip Scalper Autotrader is loaded to the brim with beneficial features that make trading Forex easier, faster, simpler, and of course, more profitable too.

Today we really just wanted to inform you of what this system has to offer, as well as some other key facts and details.

However, stay tuned for more, because in the following days and weeks, we will be doing more EA Pip Scalper reviews, including some guides on how to install it, how to use it, and we will be doing some of our own testing sessions as well.

 

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