Forex Chart Pattern Trading Strategies | Market Price Rigging | Support and Resistance levels | Breakout Traders
EURO USD Chart Analysis and Patterns | Forex Market Price Manipulation Strategies | Breakout Trading and Support/ Resistance
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Forex Price Rigging and Manipulating Series
- Overview of the Forex Price Manipulation:
- Is Forex too big to rig?
- Price Rigging: Forex Market Manipulation analyzed!
- Trading Strategy: How to trade with the FX Price Manipulation
Technical Chart Pattern Trading Levels, Setups and Strategies analyzed
- Support and Resistance levels, Consolidation patterns
- Fibonacci Analysis
- Breakout Trading Strategies
- Important Chart Patterns - Price Rejection, Fibonacci Extension, Continuation Chart Patterns
- Do Popular Chart Patterns work? - Price Manipulation
- High Probability Trading Setup Guide
- Candlestick Chart Patterns
The Chart Analysis Legend includes the mainly used Chart Reading Patterns, Methods and Tools
The two orange arrows on the top of the 5 min EURUSD chart below (last chart) show the Stop Hunting- and Market Price Rigging process and it further illustrates the importance of breakout trading strategies.
The recurring manipulative Stop hunting strategy in Forex is used by the FX Manipulators to fool breakout traders with the typical failed first breakout. The Market Price Rigging Manipulation via Stop Runs allows the Forex Manipulators to catch the stops of the breakout traders and thus this price rigging strategy most often prevents the typical breakout trader to successfully participate in the true breakout.
Most often at striking price levels, like - highs/ lows/ round numbers/ mainstream Support and Resistance levels -, the market price manipulators enforce the failed first breakout - stop hunting. The Stops of the breakout traders get cleared, who entered the market after their limit orders got triggered through the penetration of the striking level. Furthermore, many stop loss orders of other traders got also cleared through the slight penetration of the striking chart level.
After the price rigging strategy got accomplished and most stops of the breakout traders are already taken out of the market then either the true breakout occurs to catch and clear farther positioned stop loss orders of other traders at the striking level or market reverses to target the opposite striking chart level where many stop loss orders of the fooled breakout traders are located and new breakout traders will try to catch the trend again. Read More in the Price Rigging and Manipulation Series
The highlighted Doji candles on the 5 min and on the 1 hour chart could have been used as trading triggers. There are also many continuation patterns on the 5 min chart (green circles) and an inverted Head and Shoulders chart pattern on the 4 hour/ 1 hour chart.
|4 hour EUR/USD Chart Analysis/ Patterns|
|1 hour Inverse -Inverted- Head and Shoulders pattern, neckline, Doji|
|5 min Doji candle, Continuation patterns,Pivots|