If you are unhappy with the Noice Trap Results, try another good one of Forex newcomers trading strategies.
Most of forex newcomers open a real account with only 300 – 400 USD on it. In order to start real trade within all the market periods, it’s too small. Two or three failures in long-term positions will kick you out of the market. Your solution may be opening short term positions or news trading.
There a good technology for a newcomer – it’s scalping that is the shortest of all possible trading techniques and allows you to have small but guaranteed profit. It’s a very important psychological issue for a forex newcomer. The tactics is very easy and clear, requiring no solid knowledge of the fundamental analysis or technical analysis of the currency market. The deal lasts for several minutes or seconds, so the losses risk is minimal.
There are numerous approaches to scalping. We will discuss only the most frequently used.
Acquisition method.
In order to apply this method, you should take a 15 minute bar chart and search for the bears and the bulls acquisitions by tuning your trading system to the Japanese candles.
You may find a bull’s acquisition once you see that a white body of a tripping candle completely hides the last one, which is located by it’s side and is black candle (no taking into account shades) and as it will start exceeding the maximum of this candle, you should immediately rush into the market and buy for the current market price.
The market will be moving in your direction. You play one or two points and quickly leave the market.
The bear’s acquisition is vice versa, a black body of a tripping candle that closes the body of the candle located next, that is a white candle, approaching its minimum and moving bellow.
Trading this method, don’t stay on the market more than one or two minutes. You could trade like that all around the clock, finding the right moment to enter the market. The only thing you have to keep in mind is that you have to leave the market once you see the minimal loss. Trading this way means that you did no special analysis and therefore can not improvise risking to loose everything. If it takes you too long to decide that you have to leave the market, and the trade lasts longer than you gain or loose 2-3 degrees, the results may be fatal.

