Trading price action forex “fakey strategy”
www.learntotradethemarket.com Trading price action in the forex market Learn to trade from pro forex mentor.
www.learntotradethemarket.com Trading price action in the forex market Learn to trade from pro forex mentor.
Hi Nial. I consider you to be a voice of reason in a low signal-to-noise (SNR) industry. A quick question – would you have entered short in the bar after the pin bar if it broke the low of the outside bar? What are the moving averages you have on the chart? Thank you.
When in trends, the moving averages become resistance. Thus, I like to enter as close as possible to those levels . I would have waited for a retracement before entering.
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Totally understandable.
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Thanks for your efforts. I would probably have been scared off by the bar just previous to the last powerful, fall off the earth bar. I would have seen long wick and bouncing off support as evidence of at least a little more strength about to emerge. I would still have been looking for shorting opportunity and miss the big drop. Any thoughts?
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I like what i watched.
The Fakey seems to be a really great setup. I’ve never seen it explained how you do it before, very interesting. Thanks alot.
Which chart should I follow? 15 mins? 4hrs?
The fakey is pretty awesome. I have experienced increased gains since learning this method. I suggest everyone check out this video and the others on here.
I agree, the fakey setup seems to be pretty profitable.
There is a good fakey setup right now that can be seen on daily EUR/USD. Everyone should go look at a current chart of euro/dollar.
Couldn’t you have just traded 50% of the pin with s/l at the high?”
I have great results with EA