The Fakey pattern can be best be described as a "false-breakout from an inside bar pattern". The Fakey pattern always starts with an inside bar pattern. When price initially breaks out from the inside bar pattern but then quickly reverses, creating a false-break, and closes back within the range of the mother bar or inside bar, we have a fakey pattern. The fakey forex trading strategy is a trading system that is based on a pattern called the fakey pattern.. It is a forex trading system that can be used to trade false breakouts especially in areas of support and resistance on the charts. The Setup: Trading the 20-4 Fake Out Strategy. In this strategy, we will assume that candles creating new 20-period highs or lows, but is more than four periods away from the previous 20-period high or low, are areas where price could bounce off, provided that price failed to close beyond the previous 20-period high or low. Why 20-period and why four periods away from the previous high or low ... Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage ... This fakey trading strategy is based on the fakey trade setup.. If you don’t know what a fakey setup is or what it looks like, then you will learn that in here. The Fakey Trade Setup is being popularized by Nial Fuller, an Australian professional forex trader over at www.learntotradethemarket.com Video Synopsis – GBPUSD 4 hour fakey with trend. The fakey setup I traded in this video is a contrarian approach to the markets. While we are trading a contrarian setup we still want to trade the forex fakey in the direction of the dominant trend. Essentially we wait for a false break to occur and then trade back in the direction of the existing trend. ADVANTAGES OF THE FAKEY FOREX TRADING STRATEGY. The trading setup is not complicated and it is easy to spot if you know what you are looking for. Its a Forex strategy based solely on price action and candlesticks and does not have any Forex indicators to make things look too complex. Explosive moves can happen with the Fakey setup so it makes sense to use the higher time frame charts for the ...
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Learn 'Fakey' Trading Strategy - http://www.LearnToTradeTheMarket.com Forex Trading. Forex Trading. Skip navigation Sign in. Search. Loading... Close. This video is unavailable. Watch Queue Queue. Watch Queue Queue. Remove all; Disconnect; The next video is starting ... Learn About The 'Fakey' Trading Strategy - http://www.LearnToTradeTheMarket.com http://www.learntotradethemarket.com Learn The Fakey Setup Reversal Bar Entry. Pin bar reversal and forex trading system. Forex Trading - Learn to trade the FAKEY setup Forex Trading - Trade the FAKEY setup - Duration: 6:29. Nial Fuller 25,559 views. 6:29. How to Make $500 a Day Trading ONE Stock Live Scalping 004 - Duration: 23:51. Michael Chin 191,763 views ... http://www.learntotradethemarket.com Trading forex price action with Nial Fuller