For those who are new to forex trading, some relatively simple and easy to understand trading strategies are recommended. Here are some common strategies for beginners:

1. Trend tracking Strategy:

This is a strategy based on market trends. You can look at indicators such as price action and moving averages to look for clear trend directions and then trade with them. For example, if the market is trending up, you might consider buying, and if the market is trending down, you might consider selling.

2. Support and Resistance strategies:

This strategy is based on the observation that the price rebounds or reverses at a particular level. Support is the level at which prices stop falling after falling, and resistance is the level at which prices stop rising after rising. You can watch these support and resistance levels and then trade as the price approaches these levels.

3. Day Trading Strategy:

This strategy is suitable for short-term trading, that is, buying and selling operations in one day. You can choose to focus on a particular currency pair, observe price movements over a shorter period of time, and trade based on short-term trends. This strategy requires paying close attention to the market and knowing the right time to enter and exit.

4. Conservative Strategy:

If you are a cautious trader, you can adopt a conservative strategy, which means only making fewer trades and setting smaller stop losses and profit targets. This reduces risk and makes it easier for newcomers to control emotions and manage risk.

No matter which strategy is chosen, it is recommended that novice traders fully study and practice. Familiarize yourself with market analysis tools, technical indicators and fundamental analysis methods, and gain experience by conducting mock trading or using small funds for real trading. At the same time, remain calm and disciplined, set appropriate stop loss and profit targets, and control trading risks.