If you’ve ever dipped a toe into the churning waters of Forex trading, you know—it’s a wild ride. Now, imagine having a guide that promises a clear path to making 50 pips a day, using a method that doesn’t rely on fancy indicators or confusing jargon. Enter HOW TO MAKE 50 PIPS A DAY IN FOREX MARKET: BEGINNER GUIDE TO FIBONACCI TECHNIQUE OF TRADING LIKE A PRO. This eBook aims to teach you a straightforward, no-nonsense approach to Forex scalping using the Fibonacci AB technique—basically a way to spot trading opportunities just by looking at price action and market rhythms.
Key Features
First off, the book grounds you firmly in what moves the market: fundamental news. You don’t have to be an economist to understand it either. The author breaks down economic thinking and geopolitical knowledge into bite-size pieces, making it easier to grasp why the market dances the way it does on any given day.
The star of the show is the “Fibo AB” technique. This method hinges on identifying two points—point A and point B—to find secure zones for reversal or pullback entries. Think of it as a sharper tool than the usual support and resistance strategy. Instead of guessing, this technique aims to pinpoint where the market is likely to bounce or correct, based on supply and demand in a particular currency pair.
What makes this approach stand out is that it’s 100% “naked chart” trading—no indicators cluttering your screen. Instead, the focus is on candle rejections, which happen whether the market is bullish or bearish. If you’re watching carefully, you can pick up on these clues yourself. Plus, the book offers access to a Telegram group where learners can share insights and get support, which is helpful when you’re staring at charts and thinking, “Now what?”
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Pros & Cons
On the plus side, readers appreciate the book’s clarity and simplicity. The Fibonacci AB method is praised as effective and practical, especially for scalpers looking to make consistent daily profits. The emphasis on risk management and patience resonates, reminding traders that quick gains need a steady hand.
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Some reviewers mention that the approach is quite different from classic trading strategies and might take a bit of getting used to. If you expect to rely on fancy indicators or deep technical analysis, this might feel a little too minimalist. Also, a handful of readers noted that more examples or visuals could enhance understanding, especially when working through Fibonacci levels and candle rejections.
Who Is It For?
This book is a fine fit for beginner to intermediate Forex traders who are tired of overloaded charts and complicated strategies. If you’re someone who wants to understand market fundamentals without becoming a full-time economist, and you’re intrigued by the idea of trading with just the price action and Fibonacci levels, this is your cup of tea. It suits traders who favor scalping and prefer a disciplined approach that hinges on patience over guesswork.
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Final Thoughts
In a world where Forex advice sometimes feels like trying to decode ancient runes, HOW TO MAKE 50 PIPS A DAY IN FOREX MARKET cuts through the noise. It offers a fresh way to look at the market using Fibonacci AB, emphasizing the rhythm of news, price rejection, and precise entry points. While it’s not the flashiest nor does it promise overnight riches, its straightforward style and community support can help you build a solid foundation.
So, if you’re ready to learn a method that’s as much about discipline as it is about clever plotting, and if you don’t mind a little practice to get the hang of naked chart trading, this guide might just help you unlock those daily pips with a bit more confidence.
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