Mastering the Fakeout / Stop Hunt Candle

entered a bit late but all are working fine,

For those who have multiple positions that need closing

https://www.mql5.com/en/market/product/16342

Thanks FXCyborg sharing.
I think it's better on high TF.

My 1st try at the method: This is EURUSD H1

how did you handle these trades in the end?

a question:
but the trend was up...so you need see buy only o i made a mistake?

To FxCyb
I thank you Sir for this thread, i know that one of my need as a Trader has been answered thru you.

FXCyborg,
this position didn't work for me ... Any technical reason that I should avoid this setup?

1) down trend so you must see only buy trade
2)Did you put a 250 SL?

You are right, but i don't like to trade the middle of trend.

better H4?

I'll admit that I dont have anywhere near the experience of most people on here but the 3 bar system on higher timeframes seems to work better for me. I'm still trying to wrap my head around the elliot wave update that FXcyborg posted and then apply the new patterns to it to trade effectively so I'm going to try taking some serious time over the weekend to build on this foundation. I basically refer to this as "the mountain" and there's like 3 pushes up, then the peak with maybe a double top with a failed push back up to retest the top, then down again to the bottom of the mountain lol.

Just want to extend my gratitude for all you've shown us when you really didn't have to. I like working with nice clean charts without all the junk so once I get this new system/setup, I think I'll be on my way to going live (pretty excited). I hurt my back badly in trades years ago and it's not getting any better so I'm poking away at the day job until I can do this for real and make a decent living or better. Health isn't great but this keeps my head up knowing I have a way out of the darkness.

I understand the wording, but I get confused for some reason when I look at the examples. I can totally see how effective and simple this system is but it's confusing for some reason. I'm going to try an oversimplification summary of what's on page 1. Please correct what's wrong.

Part 1: Basically looking for the 2 bar setup idea to bounce off S/R and trendlines and pay attention to the wick and go with the trend? Sorry, I'm still learning and want to follow this to the letter to get quality (not quantity) trades. I know it says some setups aren't perfect, but just want to make sure I have the right idea moving forward because there's an example with 2 bull bars instead of the "ideal setup". Then on the N/C 4hr chart... if we go up to the next pullback (top right) where there's 2 large bear candles then a bull, we buy because it hit the trendline support and then we got a bull candle with the low being higher than the previous bear candle? then TP is the same as the high to low of that bull entry candle? I think that sounds right lol. Obviously, that would be opposite for sells. I did see that FX said "this is not the perfect setup, but I just want to double check my thought process before proceeding. Also, some of these patterns look like the "piercing line pattern" for reversals when it hits that trendline support. Would that be accurate as well?

Something else I noted on that N/C 4hr chart is where that buy indication is ... could we also say it's "3 white soldiers" pattern? From what I understand, it's usually found at the end of a downtrend signalling the end of that downward movement and then will continue up? I trying not to overcomplicate this system, but there's a lot of info to take in when you're new to the idea lol. I've studied price patterns before and this is what I know them as. trying to merge the schools of thought to be effective thats all.

Also, some of these patterns look like the "piercing line pattern" for reversals. Would that be accurate as well? For example that N/C 4hr chart... top right where I indicated the 2 big bear candles followed by that little bull that hit the upward trendline, would that be the piercing line pattern? I think so..

For counter trend on the 4hr GBP/AUD example, I was taught by my mentor doing price action that a doji on the top of the upward movement is essentially a stall and considered reversal sign. So I think in this case, I would apply FX's rules to measure out the TP and take into consideration the trendlines and S/R levels and trade according to his rules? Again...I'm just trying to merge 2 schools of thought here so hope this sounds ok.

If I haven't said it before, I'll say it again.. THANK YOU FXCYBORG FOR ALL YOUR HARD WORK! It is so greatly appreciated and you're changing lives. Your posts and threads have given me some new hope for the future since my physical capabilities are sliding so I can at least look forward to something. thank you so much!

It's not an "ideal" setup as the 2nd (bull) candle has a small body, but if you put the SL 150-250 pip, you are in still in the game. As FXCyborg wrote it can take days to reach the TP level.

Dear mr. FXC
I really felt confused on your screenshot. How does your broker can get that price (the red line on the picture)? Same your TP price

Wide SL could be a good solution .... but I lost on below games as well ... I would like to know that what we should take care of ?

You do not have to share if you choose my friend but what is you account size, mine is $13,345.93 my position size is 1.33 pips at trade

Does this help, my stop losses are huge,

Where are the SL levels?

Interesting technique. I suppose this would be a good setup if the candle closes now.

An image is my analyze of CL futures market using Fakeout/Stop hunt into an intraday market at LOD or HOD on the time I took the trade at the area of Demand/Supply.

Could someone give some input? Thank you