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.
Forex Strategies: The Retest Breakout Trading System š„
