Tuesday, March 31, 2015

FOREX THEORY


How to Trade Fakeouts

Chart Patterns (Part 3)

When the pattern experiences a false breakout, prices will usually rebound. Traders who have sold the downside breakout or who have bought the upside breakout will have their stops triggered when prices move against their positions. This usually is caused by the institutional traders who want to scrape money from the hands of individual traders.


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