What is the Pullback Strategy?

The Pullback Strategy

The Pullback Strategy was created as a result of Ben’s Strategy. In the early days when we first recommended using Ben’s Strategy, we had one member of the BD family (Rafael) who preferred to trade in the opposite direction to the indicator arrows. For example, when he had a (green) buy signal, he saw that as a sign to get into a sell trade. Though Rafael has now moved on and is no longer an active member of the BD Group, the fundamentals of his strategy have remained.

This was when BD 5.0 was created using the Pullback method. After months of refining and tweaking of the indicators, Jamie adapted the strategy so that traders are now able to get into a trade the moment the price is reserved. We consider this a very powerful and effective strategy using Pullbacks with the trend.

We at BD and FxLearning strongly suggest that if you are new to trading binary that you first learn Ben’s Strategy. The advantage being that the strategy gives a signal, two or three candles after the Pullback has formed, importantly giving the trader time to enter the trade. The Pullback strategy however, gives a signal the moment the Pullback has occurred. To a beginner this can be confusing as it takes experience to spot Pullbacks quickly.