Tuesday, June 30, 2009

Breakout and Retracement Strategies

There are many forex trading strategies out there. They should be simple and easy. I always use breakout and retracement for my trading strategy. I never use it for small time frames like M15 and M30. Hourly (H1), four-hourly (H4), and daily (D1) are my favourite time frames. Because I usually find breakout and retracement there.

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