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The purpose of this video is to teach people how not to fall into any fake break out trades. In previous videos I teach a thing or two in regards to break outs and how market makers use certain price behavior to stop out many other traders. Once those traders are stopped out, then the fake break out occurs and that’s when the real trend starts.
In the Forex Market, the spread is the difference in pips between the BID price and the ASK price quote ( Buy/sell) in a currency pair such as the EUR / USD. The spread is the easiest way for many brokers to get compensated for each transaction the customer makes through their trading platform. This is the easiest way to understand what a spread ...
From previous trading strategies and recognizing the best moments to trade, these two trade in the EUR/USD come from certain pivot and pattern levels used every day. Once this patterns form we then validate those area with the real market volume.
In these patterns we will find certain traps that many retail traders fall all the time. After ...
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