Lesson 14 of 25
Fakeouts cluster on opens and news
Running a stop pool needs volume, so the sweep usually prints when volume shows up.
What you see
- Spike at a session open.
- Whipsaw on a release, then a clean direction.
Why it happens
- Volatility is the cover a big fill needs.
How to trade it
- Do not take the first candle of a release.
- Let the sweep happen, then trade the direction that holds.
Journal it: Tag the session and whether news was near.
Track this setup in your own journal and see whether it actually pays you.Go Pro