July 14, 2020
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The Ideal Fakey Trade Setup and Its Variation

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. 9/29/ · Fakey setups are of two types: one is with long tailed pin bar and another is without pin bar. A fakey setup, together with a long tailed pin bar at key support or resistance level, is always a very precise signal. If you are a price action following trader, you have to admit that a fakey setup is a very potent and important setup. Inside Bar + false breakout = Fakey pattern. There is also Pin Bar + false breakout = Fakey pattern, but in this case we have a fakey pattern formed by Inside bar + false breakout. The Fakey pattern start when we have a Inside Bar that initially breaks out of Inside Pattern but then reverse creating a false breakout of the price action.

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FREE TRADING STRATEGIES

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. Inside Bar + false breakout = Fakey pattern. There is also Pin Bar + false breakout = Fakey pattern, but in this case we have a fakey pattern formed by Inside bar + false breakout. The Fakey pattern start when we have a Inside Bar that initially breaks out of Inside Pattern but then reverse creating a false breakout of the price action. 9/29/ · Fakey setups are of two types: one is with long tailed pin bar and another is without pin bar. A fakey setup, together with a long tailed pin bar at key support or resistance level, is always a very precise signal. If you are a price action following trader, you have to admit that a fakey setup is a very potent and important setup.

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Inside Bar with False Breakout

Inside Bar + false breakout = Fakey pattern. There is also Pin Bar + false breakout = Fakey pattern, but in this case we have a fakey pattern formed by Inside bar + false breakout. The Fakey pattern start when we have a Inside Bar that initially breaks out of Inside Pattern but then reverse creating a false breakout of the price action. 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. Here Is The Strategy For Trading The Fakey Setup. Forex Indicators: The Fakey Forex trading strategy does not require the use of any forex indicators at all. All you need are your eyes and a bit of price action analysis of candlesticks; Time frames: Preferably larger timeframes from 1hr to daily.

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Definition Of Fakey Trade Setup

Here Is The Strategy For Trading The Fakey Setup. Forex Indicators: The Fakey Forex trading strategy does not require the use of any forex indicators at all. All you need are your eyes and a bit of price action analysis of candlesticks; Time frames: Preferably larger timeframes from 1hr to daily. The Fakey Pattern (Inside Bar False Break Out) 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. Inside Bar + false breakout = Fakey pattern. There is also Pin Bar + false breakout = Fakey pattern, but in this case we have a fakey pattern formed by Inside bar + false breakout. The Fakey pattern start when we have a Inside Bar that initially breaks out of Inside Pattern but then reverse creating a false breakout of the price action.

Fakey Trading Strategy | Learn How To Trade The Fakey Setup In Forex
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SWING TRADING LESSONS

9/29/ · Fakey setups are of two types: one is with long tailed pin bar and another is without pin bar. A fakey setup, together with a long tailed pin bar at key support or resistance level, is always a very precise signal. If you are a price action following trader, you have to admit that a fakey setup is a very potent and important setup. The Fakey Trade Setup is being popularized by Nial Fuller, an Australian professional forex trader over at blogger.com You will also learn about the variation of the fakey setup below. Now, what you will read here are my interpretation of the fakey trading strategy & setup and it may not be similar to what you may read or understand out there but I think it will come pretty close. Inside Bar + false breakout = Fakey pattern. There is also Pin Bar + false breakout = Fakey pattern, but in this case we have a fakey pattern formed by Inside bar + false breakout. The Fakey pattern start when we have a Inside Bar that initially breaks out of Inside Pattern but then reverse creating a false breakout of the price action.