Swing Trading Using the 4-Hour Chart- Swing trading Using the 4-Hour Chart 2
"Swing Trading with the 4-hour chartPart 2: Trade the Fake!In the second part of the series ""Swing Trading using the 4-hour chart"" the HeikinAshi Trader speaks about the phenomenon of stop fishing and Fakeouts as well as the many deceptions that major players and algorithms stage in today's financial markets. These often seem more the rule than the exception.But these circumstances are what a clever swing trader can exploit by turning the tables. Instead of falling for the many tricks of the Smart Money, he can learn how to identify their tracks in the chart. From this, he can develop a highly profitable swing trading strategy that focuses exclusively on the detection of so-called ""fakes"". Often, it turns out that the deception of the major players represents just the start of a significant movement. To trade this is mostly high rewarding.With reference to several examples in different markets and technical chart situations the author follows the traces of the Smart Money. With practice, every trader can locate these tricks on a chart and identify the underlying intentions. Such a strategy would correspond more to the reality of today's markets, instead of trying to beat the market with outdated methods.Table of Contents1. A feint at its finest!2. How to identify fakes?3. How do I trade Fakes?4. Fakes at technical chart patternsA. flagsB. trianglesC. Trend Channels5. Trading cross rates6. More complex patternsGlossaryMore Books by Heikin Ashi TraderAbout the author"
Auteur | | Heikin Ashi Trader |
Taal | | Engels |
Type | | Paperback |
Categorie | | Economie & Financiƫn |