Kardec TraderFutures Trader. Creator of The Midas Touch. Mentor

THIS Entry Made Him MILLIONS🚨

27 Jul 2026 · 1 min

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In this tutorial, the speaker outlines a break‑and‑retest entry technique for trading. He describes the ideal candle formation—a wick that dips below a key level while the body closes above it—as the signal to enter a trade. He emphasizes placing a tight stop loss just below the wick (a few pips) because the price often rebounds quickly from that point. An example is given: buying at $1 with a stop at $0.92 (risking $0.08) and targeting roughly double the risk at $1.16. The speaker also warns about hammer‑like candles that touch the level and reverse rapidly, indicating that such fast moves may not provide a reliable entry opportunity.

Chapters

The best case for me, when the price is touching, dipping slightly lower than the level, and then getting back above the level. It's creating some kind of a candle with wick below the level, but the body above the level. So that's the perfect entry for me usually for the break and retest. So that is the moment when I identify my entry. I'm gonna try to get as close as possible to my level because I'm gonna keep my stop loss quite tight, quite close to this. If I have the wick at this area, I'm gonna be having a pixel below that as my stop loss because that's the place where price bought out very quickly. Let's say here we bought at $1 and here it is $0.92. So risking $0.08 means that I want to get at least twice as much as that. So that's going to be $1.16, somewhere around this area. You might be having the candles that are touching it and quickly reversing, making it a hammer candle. That's the type of moments when you're not having the opportunity to go in because of the speed, how the price bought out.