Forex Trading System
Retest Breakout Strategy in Forex. http://www.financial-spread-betting.com/forex/forex-trading.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Trade Lesson: Break and Retest Strategy. What do I mean by the retest trade? So we’re sitting there in a range and in a sudden the market pushes up on the upside…a breakout. The retest strategy says that I want to get involved in that but I want to put a limit order at the support level the market has broken. Obviously if we’re swing trading we can leave that limit order for a few days. We’ll looking for the market to come back to our limit order, take our trade and go up back again. This retest breakout setup happens often in the forex markets and it stops you from chasing things.

Articles You May Like

Sansera Engineering, Sky Gold among 10 small-cap stocks that MFs bought and sold in October
US Dollar eases five-day winning streak on profit-taking
Lowe’s beats on earnings and hikes guidance, but still expects sales to fall this year
Oil prices ease, but caution prevails over Russia-Ukraine war
Credit Agricole: 2025 will not be a repeat of the USD’s 2018 rally