How to Use Forex Indicators to Avoid Fakeouts

Posted by Galib Mammadov
8
Apr 3, 2012
43 Views
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......
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