Latest #forexsignal Posts
- The Forex breakout strategy we’re going to discuss here is a great trading strategy for beginners.
This strategy is different than most of the conventional breakout strategies out there. Instead of simply trading
the actual break of a level, we’re waiting for a pullback and retest before entering.
Another difference here is that we’re only interested in breakouts that occur from a wedge pattern rather
than a horizontal level.Here is an illustration of the Forex breakout strategy.
Notice how the market has worked itself into a terminal wedge, which simply means that the pattern must eventually come to an end. The opportunity to trade this pattern occurs when the market breaks to either side and then retests the level as new support or resistance. In the case of the illustration,the entry would have come
on a retest of support-turned-resistance.
To learn more,i highly recommend you to get your copy of my ebook,if you are interested click on the link in bio or send me a private message
- London & Manchester events almost full.
We have a few more cities across the UK and international courses planned in the new year.
I receive so many messages from you guys wanting to attend my live trading days and hear the success from them. We banked 187 pips at our recent London event and look to break the record this Friday in Manchester.
Drop me a message with the location you would like us to host a live trading event! .
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