RE: SEC S18-W6 || Mastering the Break Retest Break (BRB) Strategy
Criteria | Remark |
---|---|
Verified user | ✅ |
#steemexclusive | ✅ |
Free of Plagiarism | ✅ |
AI Article | ✅ Original (Human text!) |
#Club | club5050 |
Bot free | ✅ |
Comment/Recommendation
Your explanation of the BRB strategy is clear and well structured. You have well described the three key stages of the strategy: the initial breakout, the retest and the second breakout. This structure makes the concept easy to understand and follow.
Your answer provides detailed entry criteria for the BRB strategy, mentioning the importance of volumes, candlestick patterns and moving averages. You also explain how to use the RSI to confirm the strength of a breakout.
Your explanations on the exit criteria are complete and well detailed. You mentioned stop-loss levels, take-profit levels, and reversal signals. You also touched on the importance of managing risk and market conditions.
Your detailed BRB trade example is very useful. You illustrated the concepts well with graphs and explained the reasons behind each decision.
Your answer covers risk management well by suggesting not to invest all capital at once, to use stop-losses and to average positions if necessary. You also mention the importance of diversifying investments.
In summary, your answers are very informative and cover the fundamental aspects of the Break Retest Break (BRB) strategy well. You have clearly explained the concept, entry criteria, exit criteria and risk management.
Total| 8.5/10
thank you so much for the beedback
TEAM 5