Which strategy do you prefer for trading Forex CFDs?
Mostly I prefer following trends on D1 time-frame charts. Trend-following trades tend to be high win rate with undramatic returns per time period, but d not require surgical precision for entries and give opportunities to add to winning trades.
I have been experimenting with break-outs which can be with or against the trend. These can have lower win rates but returns can be quickly dramatic. A break-out into a trend then offers the advantages of a trend-following position as above.
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