Swing Trading Using the 4-hour Chart 2: Part 2: Trade the Fake!

Swing Trading Using the 4-hour Chart 2: Part 2: Trade the Fake!

Swing Trading with the 4-hour chart<br />Part 2: Trade the Fake!<br /><br />In the second part of the series "Swing Trading using the 4-hour chart" the HeikinAshi Trader <br /><br />speaks about the phenomenon of stop fishing and Fakeouts as well as the many deceptions that <br /><br />major players and algorithms stage in today's financial markets. These often seem more the rule <br /><br />than the exception.<br /><br />But these circumstances are what a clever swing trader can exploit by turning the tables. <br /><br />Instead of falling for the many tricks of the Smart Money, he can learn how to identify their <br /><br />tracks in the chart. From this, he can develop a highly profitable swing trading strategy that <br /><br />focuses exclusively on the detection of so-called "fakes". Often, it turns out that the <br /><br />deception of the major players represents just the start of a significant movement. To trade <br /><br />this is mostly high rewarding.<br /><br />With reference to several examples in different markets and technical chart situations the <br /><br />author follows the traces of the Smart Money. With practice, every trader can locate these <br /><br />tricks on a chart and identify the underlying intentions. Such a strategy would correspond more <br /><br />to the reality of today's markets, instead of trying to beat the market with outdated methods.<br /><br />Table of Contents<br /><br />1. A feint at its finest!<br />2. How to identify fakes?<br />3. How do I trade Fakes?<br />4. Fakes at technical chart patterns<br />A. flags<br />B. triangles<br />C. Trend Channels<br />5. Trading cross rates<br />6. More complex patterns<br />Glossary<br />More Books by Heikin Ashi Trader<br />About the author