Review of Fakeouts Trading: The Newest Forex Company
Forex Fakeouts are a common trading technique used by many traders. Fakeouts occur when price momentarily breaks out of a particular support or resistance level, only to quickly return back into the range. Traders use this technique to enter or exit positions, taking advantage of the price movement and capitalising on short-term trading profits. By studying the behavior of price movements, traders can identify fakeouts and capitalize on the opportunity. Through practice, traders can become better at predicting the occurrence of fakeouts and optimising their trading returns.