There are a lot of false-breakouts in the Forex market, so learning to trade with the Fakey pattern is very important since it can help you take advantage of and profit from these false breakouts, rather than falling victim to them as so many traders do. The most common entries for a Fakey signal include the following: Enter as price breaks back past the inside bar or mother bar low or high ... My 3 Price Action Trading Signals & Patterns Include Pin Bars, Fakey's & Inside Bars - This Forex price action trading lesson is a great tutorial for three of my favorite price action signal chart patterns. Today's Forex lesson will give you a great introduction to three of my favorite trading strategies and it will also get your "feet wet" in regards to how I trade and how you can make your ... Advantages of The Fakey Forex Trading Strategy. less clutter on your chart because this is a naked price action trading strategy. the fakey trading system has the potential to allow you to sell at the very top and buy at the very bottom which means you can get in at the very beginning when the trend starts changing. Inside Bar + False-Breakout = Fakey pattern A Fakey pattern can have a pin bar as the false-break bar or not. Fakey’s are a very important and potent price action trading strategy because they can help us identify stop-hunting and provide us with a very good clue as to what price might do next. Explosive moves can happen with the Fakey setup so it makes sense to use the higher time frame charts for the setup and lower for the entry. DISADVANTAGES OF THE FAKEY FOREX TRADING STRATEGY. Price action is not always 100% right, sometimes you will get caught out. Avoid trading Fakey setups when price is consolidating (moving sideways). Price Action Pattern Recognition Live Trading 33 replies. chart pattern recognition 6 replies. Point & Figure pattern recognition 1 reply. Pattern recognition... 8 replies. Pattern Recognition indicator - Question 0 replies Fakey Donchian Forex Trading Strategy. The fakey Donchian forex trading strategy is a combination of the fakey price action pattern in addition to the Donchian Bands and volumes MT4 indicators. The fakey price action consists of three or more candlestick price patterns, starting off with the inside bar pattern following by a false breakout.
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Forex Indicator - Diamond Price Action Indicator - Duration: 5:17. Forexbooknat 2,337 views. 5:17. Reading price action - The single best indicator there is.. - Duration: 21:43. Forex Reversal Bar Fakey Setup Pin Bar Learn About The 'Fakey' Trading Strategy - http://www.LearnToTradeTheMarket.com 64 videos Play all Nial Fuller - Price Action Trading Videos Nial Fuller Forex Basics - Lot Sizes, Risk vs. Reward, Counting Pips - Duration: 36:25. Kingdom Kash 297,035 views http://www.learntotradethemarket.com Trading forex price action with Nial Fuller Forex Price Action - Fakey Pin Bar Reversal - Duration: 8:43. ... Regular and Hidden Divergence, trend reversal or continuation. Forex Indicators. - Duration: 9:09. Forex4Newbies 1,868 views. 9:09 ...