Swing Trading Using 4-hour chart Part 2: Trade the Fake!In the second part of the series "Swing Trading using the 4-hour chart" theHeikinAshi Trader speaks about the phenomenon of stop fishing and Fakeouts aswell as the many deceptions that major players and algorithms stage in today'sfinancial markets. These often seem more the rule than the exception. But thesecircumstances 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 toidentify their tracks in the chart. From this, he can develop a highly profitableswing 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 thestart of a significant movement. To trade this is mostly high rewarding. Withreference to several examples in different markets and technical chart situationsthe author follows the traces of the Smart Money. With practice, every trader canlocate these tricks on a chart and identify the underlying intentions. Such astrategy would correspond more to the reality of today's markets, instead oftrying to beat the market with outdated methods.Table of Contents1. A feint at its finest!2. How to identify fakes?3. How do I trade Fakes?4. Fakes at technical chart patternsA. flagsB. trianglesC. Trend Channels5. Trading cross rates6. More complex patternsGlossaryMore Books by Heikin Ashi TraderAbout the author
