Forex Zone - Forex Forum

marking fakeout as supply demand

Discussion started on Trading Systems

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 547
  • Reputation: +22/-18
Marking the fakeout candle as a supply and demand base, the fakeout referred to here is a pibar candle or doji and the like, just 1 candle is enough but at least using the H4 timeframe and above, try to form the candle in a strong resistance support area. We mark it there, after the candle returns to that area, we immediately open a position

#1 - July 03, 2021, 01:09:24 AM

  • Sr. Member
  • Posts: 365
  • Points: 624
  • Likes Received: 2
  • Reputation: +0/-0
This system is a difficult trading system because it is done manually and is a reflex of the trader's attitude to changing market conditions
#2 - August 07, 2021, 01:19:50 AM


0 Members and 1 Guest are viewing this topic.