Scribd
Upload
2K views

Simple M15 Break & Retest - Part 1

This document describes a simple break and retest trading strategy used by many traders. It involves using 1% risk per trade with fixed entry points, confirmation of breaks, and target take profit levels. The strategy allowed the author to pass the qualification process for a prop trading firm, although they later lost the funded account after one month of trading.

Uploaded by

Soon Chong Lai
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
2K views

Simple M15 Break & Retest - Part 1

This document describes a simple break and retest trading strategy used by many traders. It involves using 1% risk per trade with fixed entry points, confirmation of breaks, and target take profit levels. The strategy allowed the author to pass the qualification process for a prop trading firm, although they later lost the funded account after one month of trading.

Uploaded by

Soon Chong Lai
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 7

Simple M15

Break & Retest


- Part 1

LAI SOON CHONG


2023
Introduction
This is a very simple trading strategy that are used by many traders. I personally was able to pass
Prop Firm (Funding Talent) with this strategy. For transparency I did end up lost the account after
1 month, but that is another story,

Use simple risk management. Fixed 1% per trade for the entry
Blue Print – Limit Order
Blue Print – Confirmation
Blue Print – TP Target
Example
Your best quote that reflects your
approach… “It’s one small step for
man, one giant leap for mankind.”

- NEIL ARMSTRONG

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy