Question during my cooking show live stream was how do i determine a trap or a fake out? First of all i think everyone that trades a different methodology determines a fake out in their own way depending on their methodology the retail traders trades.
Using the Supply demand methodology i explain how i determine traps.
When i pull up a chart and i see an area that most trading methodologies are looking to buy or sell at. i.g., support resistance traders, supply demand traders, breakout traders, range based traders, fake breakout traders and many more different methodologies are looking to buy or sell in a certain area it's a trap.
If im going to play the trap i need there to be a supply or demand zone above or below the area where the other retail traders are looking to buy and sell at.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.