How to Use Forex Indicators to Avoid Fakeouts
by Galib Mammadov mqalib.futurenet.club
Galib Mammadov mqalib.futurenet.club
Any trader which has experience with trading price action has been burnt at least once by a fakeout. Fakeout is a fake breakout – meaning that price breaks a limit (support or resistance level), just to come back to its original direction. Any traders who have entered the trade at the breakout end up losing money......
http://i-am-learning-forex.blogspot.com/2012/04/how-to-use-forex-indicat...
Apr 3rd 2012 05:16
Any trader which has experience with trading price action has been burnt at least once by a fakeout. Fakeout is a fake breakout – meaning that price breaks a limit (support or resistance level), just to come back to its original direction. Any traders who have entered the trade at the breakout end up losing money......
http://i-am-learning-forex.blogspot.com/2012/04/how-to-use-forex-indicat...
Apr 3rd 2012 05:16
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