If you are a beginner in Forex, then it would be wise to be careful in choosing a Forex trading strategy that you will use when starting your trading journey. Data recently released by the largest Forex / CFD brokers according to European Union regulations shows that nearly 70% of Forex traders who trade CFDs lose money in the long run, and the main reason why most traders lose money is a bad and unrealistic option to a strategy Forex
As a new Forex trader, you can help shift the odds to your advantage by choosing a good beginner Forex strategy. The article below outlines some effective and simple Forex strategies that require only one technical indicator. You can trade these strategies with any of the DailyForex's highest-rated Forex / CFDs.