Get Beginner Strategy Cheat Sheet

The BEGINNER STRATEGY CHEAT SHEET is a valuable tool designed to assist users in understanding and implementing trading strategies effectively. This guide provides clear, step-by-step instructions on how to fill out the cheat sheet online, ensuring that all users, regardless of experience level, can manage their trading strategy confidently.

Follow the steps to successfully complete the BEGINNER STRATEGY CHEAT SHEET.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by determining the market direction. Open the 30-minute chart and identify the last break-point of a fractal.
3. Once you have determined the market direction, switch to the 5-minute chart to find trading opportunities. Draw a vertical line on the last candle and wait for confirmation of a down fractal to form and break.
4. If the market direction remains aligned, proceed to find the last confirmed up fractal to the right of the vertical line and place a buy stop order at the high of the candle below the fractal.
5. Set the stop loss at the tip of the last down fractal and determine your profit target by finding the next pivot point up from the entry.
6. Enter the volume for your trades—0.01 lots for every $100 you have in your account. After placing the order, check the 30-minute chart every 30 minutes to monitor any direction changes.
7. If the order has not executed, you will need to adjust pending entries based on the latest confirmed fractals that appear.
8. Finally, manage the trade by adjusting stop losses and monitoring market direction regularly, ensuring you are informed of any changes that may impact your strategy.
9. Once completed, you can save changes, download the cheat sheet, print it, or share it for future reference.

Start filling out your BEGINNER STRATEGY CHEAT SHEET online today to take control of your trading strategies!