Swing trading Using the 4-Hour Chart 2 : Part 2: Trade the Fake! Paperback / softback
by Heikin Ashi Trader
Part of the Swing Trading Using the 4-Hour Chart series
Paperback / softback
Description
Swing Trading with the 4-hour chart
Part 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 Such a strategy would correspond more to the reality of today's markets, instead of trying to beat the market with outdated methods.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 Contents
1. A feint at its finest!2. How to identify fakes?
3. How do I trade Fakes?
4. Fakes at technical chart patterns
A. flags
B. triangles
C. Trend Channels
5. Trading cross rates
6. More complex patterns
Glossary
More Books by Heikin Ashi Trader
About the author
Information
-
Out of stock
- Format:Paperback / softback
- Pages:40 pages
- Publisher:Createspace Independent Publishing Platform
- Publication Date:03/09/2016
- Category:
- ISBN:9781537449241
Information
-
Out of stock
- Format:Paperback / softback
- Pages:40 pages
- Publisher:Createspace Independent Publishing Platform
- Publication Date:03/09/2016
- Category:
- ISBN:9781537449241
