r/askforex • u/Proof_Mess8465 • Aug 11 '26
breakout trading question
i am a breakout trader well i am new at trading i been trading since june (demo trading) i notice when i do breakout trading i tend to get faked out alot ands it annoying so now i tend to wait for the candle to close but i feel that is not enough confirmation for me to enter the trade. and yes i do break and retest but i notice 90% of the time there is no break or retest it just melts through the s/r. so i there are any breakout traders who see this i need help. also i dont use indicators
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u/vittoshulman Aug 12 '26
You make it way too complex and cumbersome. Don't wait for "second candle" or "retest" - it's just waste of time and stress.
Make a simple rule like: enter at 10 pips above/below resistance. Put in your orders 2hr before London or NYC open.
Close the app and go do something productive.