Reclaimed Order Block: Unpacking Forex Trading Strategies
Reclaimed Order Block Forex is an innovative and revolutionary trading strategy that utilizes the unique qualities of reclaimed order blocks. Reclaimed order blocks are orders that have been cancelled and subsequently reversed by a broker prior to executing. This strategy involves executing the reclaimed order blocks at a predetermined price in order to generate a large amount of pips. In addition, this strategy allows traders to obtain more favorable spreads which can help increase profitability. The main advantage to using this strategy is that it offers tight spreads and high liquidity which equates to better price action and less slippage.