Retests today include the following:
Longs:
FXY
Shorts:
DNB, VZ, LHCG, DNDN, CM, YCS
The rules on retests are that you use the day of the retest's highs and lows for stops for shorts and longs respectively.
So, example is VZ...today's high is 26.78...if you shorted it, this would be your stop. Headley waits for the close of the bar to manifest this stop. Also, Headley says you should try to get in as close to this stop as possible (within 1-2% if possible). This keeps your cost basis in line with a good trade should it go your way.
It also keeps you from chasing things if they run away from you on the next day's open.
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