discussion on how to avoid fakeouts in forex

ASSALAM ALAIKUM!

• Dear members aj ki post main hum aik important topic ko discuss karen gy jiski wja se aksr hamen loss hota ha wo ha fakeout.
• aj dekhen gy ye kia hoty hain or in se kaisy bacha jay or apni trades ko kesy safe bnaya jay.

What is Fakeout?

• Dear members forex market main aksr hum support or resistance k breakout ko trade karty hain laikin kbhi aisa ho jata ha k jahan hum breakout smjh k grade lety hain.
• market wahan se wapis apni support ya resistance main chli jati ha or breakout ni hota estrha hmari trdes ka SL hit ho jata ha.
• to es situation ko jb market support or resistance se bhr nkl jy or phr wapis apni supportabya resistance area main aa jy , to esy fakeout kaha jata ha or kbhi kbhi esy false ya fake breaokut b khty hain.

• Dear members fakeouts infact market manipulation hoti ha jo k retail traders ko breakout ka yaqeen dila k un k stop loss hit kray jaty hain.Ab hum dekhty hain k es se kesy bacha jy.

How to avoid Fakeouts?

• Dear members agr ap breaokut ko trade karty hain kr ap k SL hity hoty hain to ap ko kch ahtyat karni ho ge jo k main btany ja raha hn
• phly to apko dekhna ho ga k jis support ya resistance ya phr channel ko ap dkh rhy wo kis time frame main ha.
• agr to apki support or resistance 4hourly chart ki ha to us k breakout K lye bhi km se km 4 hours ki candle k close hony ka wait krna chahye agr candle breakout kr k bhr close hoti ha to us k bad trade len.
• agr ap breakout ki confirmation se phly trade lgaen gy to ap k SL hit hony k chances hoty hain.
• dosri bat k jb ap breakout ki confirmation kr ln or trade lgaen to koshish karen k stop loss km se km bhi support ya resistance jska breakout hoa ha us se nechy rkhn.
• ta k agr market retest k lye bhi jy to apka SL hit na ho.

Note: please use proper risk & money management while trading forex.

Re: Discussion on how to avoid fakeouts in forex

How do you avoid Fakeout in forex?
















One way to distinguish valid breakouts and fakeouts is by using the Volume indicator.

• Breaks on low or decreasing volume are likely to be fakeouts.
• Breaks on high or increasing volume are likely to be real.
• What causes fakeouts in forex?
  
  
  Fakeouts are when a trader puts on a position expecting it to move in a direction and it fails to do so. Many traders will plan their exit by offsetting orders to make sure their potential losses are limited.
  How do you trade fakeouts in forex?
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  How to Trade Fakeouts
  
  • In fading breakouts, always remember that there should be SPACE between the trend line and price.
  • The SPEED of price movement is also very important.
  • False breakouts are common with this pattern because many traders who have noticed this formation usually put their stop loss very near the neckline.