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Mastering the Fakeout / Stop Hunt Candle

  • #21
  • Feb 26, 2019 9:51pm Feb 26, 2019 9:51pm
What a day for me to register pn forex factory, i have been doing some back testing on the charts and i think this system will work very well if the right risk reward is applied, and to be on the safe side, to generally avoid counter trend setups.
  • #22
  • Feb 26, 2019 9:52pm Feb 26, 2019 9:52pm
Hi FxCyborg,

Thanx for ur sharing the advanced price action method 2nd Release.
  • #23
  • Feb 26, 2019 10:04pm Feb 26, 2019 10:04pm
Learning keenly. Thanks and
Regards
  • #24
  • Feb 26, 2019 10:21pm Feb 26, 2019 10:21pm
Quoting FXCyborg
Mastering the Fakeout / Stop Hunt Candle Probably the most widely forgotten & profitable method! First, I'm going to ask that you read this page, especially the disclaimer, it'll save me having to type it out again. Thanks https://www.forexfactory.com/showthread.php?t=877939 Secondly, I just wanted to say thanks to everyone for their support and for making the above link the Hottest thread out of 100's of thousands, all the same while making that thread the #1 out of the entire forum for most subscribed, as well as those who...

Analyse futures market in intraday with this method. So far working very well.
  • #25
  • Feb 26, 2019 11:16pm Feb 26, 2019 11:16pm
Thanks for another strategy . Will post my example.
  • #26
  • Feb 26, 2019 11:17pm Feb 26, 2019 11:17pm
Thnx FXCyborg for your time and efforts ,, I'm currently trading same method as you described but I always wait for 50% retracment of the setup bar to pull the trigger, from there I look for 1.5 RR ,, win rate is above 70% if trade with the main trend , someone I missed the good setup for waiting 50% retracment but anyhow plan is a plan
  • #27
  • Feb 26, 2019 11:36pm Feb 26, 2019 11:36pm
Quoting FXCyborg
Mastering the Fakeout / Stop Hunt Candle Probably the most widely forgotten & profitable method! First, I'm going to ask that you read this page, especially the disclaimer, it'll save me having to type it out again. Thanks https://www.forexfactory.com/showthread.php?t=877939 Secondly, I just wanted to say thanks to everyone for their support and for making the above link the Hottest thread out of 100's of thousands, all the same while making that thread the #1 out of the entire forum for most subscribed, as well as those who...
Thanks so much for this wonderful post. you are already blessed .my prayer is for you to remain blessed
  • #28
  • Feb 26, 2019 11:50pm Feb 26, 2019 11:50pm
Quoting FXCyborg
Mastering the Fakeout / Stop Hunt Candle Probably the most widely forgotten & profitable method! First, I'm going to ask that you read this page, especially the disclaimer, it'll save me having to type it out again. Thanks https://www.forexfactory.com/showthread.php?t=877939 Secondly, I just wanted to say thanks to everyone for their support and for making the above link the Hottest thread out of 100's of thousands, all the same while making that thread the #1 out of the entire forum for most subscribed, as well as those who...
Thank you So much Master FXCyborg for educating so many and lighting a candle to the path. Much appreciated for the EOD strategy... You are a man of your word...
  • #29
  • Feb 27, 2019 12:16am Feb 27, 2019 12:16am
Kudos to FXCyborg for another thread, which will no doubt be as popular as the other one.
How many different terms can you come up with for "pin-bar" without actually saying "pin-bar"?
The first thread had bar-3 reversing/engulfing the bar-2 ( a pin-bar described over 2 bars)
This thread is more clearer. Second bar reverses the first bar (a pin-bar over 2 bars)
This thread may be more successful, as its over a higher-TF, and the moves therefore less "noisy".
As long as traders remember the Sup/Res aspects, they should do fine.

Will you, at some point in the future open a final third thread, where instead of 3 or 2 bar patterns, just go for the single, 1-bar pin-bar?

It must be frustrating when traders get really pedantic (not that thats a bad thing) and start getting anal over set-ups, and bar-sizes, etc.
This, unfortunately reflects a traders fear of loss, and getting all anxious over making a loss that they start second-guessing themselves.
And chasing a set-up without understanding the market structure and context of the set-up.
Teaching market structure should come first. Trades then have a context. Anyway.....

Best wishes for this thread. You have brought great hope to many traders. (at least 118 of them!)
  • #30
  • Feb 27, 2019 1:51am Feb 27, 2019 1:51am
I compare 2 brokers for 4H chart and they have huge different. One broker show there is a fake out but the other totally show different situation.

May i know, which brokers we should use or any broker should be no issue?

Thank you in advance for the reply.
  • #31
  • Feb 27, 2019 2:18am Feb 27, 2019 2:18am
Thanks FXC for this amazing method! This will work wonders for me since I can't trade full time, I am a Uni student.
Another wonderful thing about this method is that the commission rates are a lot lesser since I am using a lower lot size according to my risk. Win-Win!

Please help me check this out:

I was so excited to try this that I did not wait for the candle to finish. But nonetheless, I adjusted my SL and TP accordingly. I will not repeat this mistake again but is the setup valid still?

Attached Image (click to enlarge)
Click to Enlarge Name: uptrend setup.png Size: 149 KB


Thanks so much kind-hearted FXC!
  • #32
  • Feb 27, 2019 2:44am Feb 27, 2019 2:44am
Hi FXCyborg,

Just want to also say thank you very much for sharing your knowledge and experience with us. Its much appreciated. The amount of hours and effort you are putting in and your willingness to help others is admirable.

Thanks again
  • #33
  • Feb 27, 2019 2:49am Feb 27, 2019 2:49am
Hi,

Took this trade. Almost hitting TP
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCADH4.png Size: 52 KB
  • #34
  • Feb 27, 2019 2:54am Feb 27, 2019 2:54am
Quoting bkproteus
GA, prepare for a Countertrend Short with 55 pip TP. {image}
how was it?
LUCKY golden trades, LUCKY gold investor trading style
  • #35
  • Feb 27, 2019 2:56am Feb 27, 2019 2:56am
Hi,

Booked profit on NZDCAD

Missed this one though
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 33 KB
  • #36
  • Feb 27, 2019 3:03am Feb 27, 2019 3:03am
Good one Raj and it looked like you also had a good buy set up c.feb22 on its way to a structural high way back to Jan.
tmr
  • #37
  • Feb 27, 2019 4:28am Feb 27, 2019 4:28am
Quoting toastmeister
Good one Raj and it looked like you also had a good buy set up c.feb22 on its way to a structural high way back to Jan.
Hi,

Just started to trade this way today after FXC came out with this thread.

Green pips to you tmr
  • #38
  • Feb 27, 2019 5:08am Feb 27, 2019 5:08am
Thanks for sharing.

Maybe I'm missing something or not seeing it right:

The buy setup says, a bear bar followed by a bull bar

And yet the first chart shows 2 green bars?

Also, note the dates there, 23 to 26, that is the first candle of the week, open was gap down

Also, I never trade NZD pairs at any rollover, they are notorious for gapping day to day, taking all stops with them

Good luck

Attached Image (click to enlarge)
Click to Enlarge Name: 2019-02-27_23-04-25.jpg Size: 108 KB
It takes a lot for me to IGNORE you, but you can try.
  • #39
  • Feb 27, 2019 5:16am Feb 27, 2019 5:16am
Quoting Erebus
Thanks for sharing. Maybe I'm missing something or not seeing it right: The buy setup says, a bear bar followed by a bull bar And yet the first chart shows 2 green bars? Also, note the dates there, 23 to 26, that is the first candle of the week, open was gap down Also, I never trade NZD pairs at any rollover, they are notorious for gapping day to day, taking all stops with them Good luck {image}
He mentioned it in the text

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 17 KB
  • #40
  • Feb 27, 2019 5:24am Feb 27, 2019 5:24am
Quoting Erebus
Thanks for sharing. Maybe I'm missing something or not seeing it right: The buy setup says, a bear bar followed by a bull bar And yet the first chart shows 2 green bars? Also, note the dates there, 23 to 26, that is the first candle of the week, open was gap down Also, I never trade NZD pairs at any rollover, they are notorious for gapping day to day, taking all stops with them Good luck {image}
He already stated in the first post below that screenshot that setup was not the perfect example as there was not the bearish candle.
Cheers
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