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Nial Fuller

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The Forex Fakey “Inside Bar False Break Chart Pattern”

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By in Forex Trading Videos by Nial Fuller Posted on October 5th, 2008 | 8 Comments
This Is a VERY OLD video, Very Dark Chart, So It’s Slightly Unclear, I just wanted to Share It With Traders as It’s One of My Favorite Videos Where I Explain The Fakey Forex Setup, I Hope you Check Out Some More of My Forex Videos.  Make Sure You Comment on the Video Below, Thanks, Nial.

Video Synopsis – The Forex Fakey “inside bar false break trading setup”

In the above forex trading educational video I discuss a price action fakey setup that occurred on the EURUSD fx pair.

In this video I demonstrate how to trade the fakey and what to look for prior to taking an entry:

The simplest way to define a fakey is an inside bar breakout that fails. If the trend is down we want to short a break down, if the trend is up we want to buy a break to the upside. The fakey setup is a professional trading strategy because most amateurs buy breakouts or try to pick tops / bottoms, the fakey plays off of these amateur trading mistakes.

Once we get a false break from the inside bar / mother candle structure, we can take a position once the market starts to move back in the opposite direction after all the stop losses have been taken out and the amateurs begin to panic. This video is an example of how to trade the fakey setup reversal bar entry.

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About Nial Fuller

is a Professional Trader, Investor & Author who is considered ‘The Authority’ on Price Action Trading. His blog is read by over 200,000+ followers and he has taught 25,000+ students since 2008. In 2016, Nial won the Million Dollar Trader Competition. Checkout Nial's Professional Trading Course here.
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  1. David May 2, 2020 at 3:23 am

    Old is Gold. Great video 👍

  2. erside September 15, 2011 at 10:26 am

    good very good nial fuller

  3. MK August 16, 2010 at 2:45 am

    Thanks Nial :)

  4. Nwachukwu January 26, 2010 at 7:41 am

    Is cool and informative.You have helped illuminate the way i see price action.Thanks a lot.

  5. Momo January 26, 2010 at 12:00 am

    It is good.It does easy to understand for new trader like me.Thank you.

  6. Joe'Lasisi January 25, 2010 at 7:36 pm

    This is great. A big thank you.

  7. Mark Rashleigh January 25, 2010 at 7:22 pm

    It maybe old but still very informative keep them coming

  8. Kevin Walker January 25, 2010 at 2:29 pm

    Great video. I like your style of commentary, easy to listen to and understand. I hope to learn a profitable traid from you.


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