{quote} Ghous, you said here that "The human race will need to evolve into something totally different to stop order flow and market dynamics to work the way they have been working for hundreds of years." This means this strategy of trading fake outs from swing points will work in every year? This strategy also worked before the financial crisis from 2008? Did you make backtesting for the period before 2008? You also said something about this fake outs work in sideways markets. If I see a pair is in a strong trend I shouldn't look anymore at historical...
And yes trends are always notorious for me. I generally like to see a swinging/side ways market. The point here is that with strong trends in place you're not likely to find any major deep swing points near by to take advantage of. If you're getting lured into trading fake outs in a market that is trending, its most probably because you're antsy and wanting to take on a minor swing point.
Of course it isn't a rule set in stone though. In an uptrend if you have a retest of a swing low that lines up with a support trend line, an EMA and a round number. a trade to anticipate a continuation of the trend is surely on. But then again, stumbling across tradable setups during a strong trending market is rare, or comparatively more rare than trading in a sideways market.
g.
I believe . . .
