【FX】Gold Penant "Da-ma-shi"攻略！アルゴの裏をかく高勝率トレード手法
FX, especially in the highly volatile gold, have you ever felt that the cleanest chart patterns are the most prone to “fakeouts”?
Actually, those very fakeouts are the perfect entry opportunities.
This time, using fakeouts from pennantsto achieve over 100 pips of profitI've documented the trade records on my blog
Why do pennant fakeouts occur so frequently?
First, please take a look at the most recent trading results.
- Currency pair:Gold (XAU/USD)
- Pips gained:+122 pips / +113 pips / +144.8 pips
It has also become a topic within our Discord community, but lately “pennant fakeouts” are extremely popular.
Influence of algorithmic trading
Especially before economic data releases or during certain times, movements show textbook-like breakouts followed by sharp reversals. This is believed to be caused byalgorithmic trading by institutional investorswhich seeks to capture liquidity by triggering stops (stop-loss orders) of ordinary traders.
Practical trade analysis: occurrence of fakeouts and basis for entry
I will explain how I identified fakeouts on actual charts (3-minute, 5-minute, and 15-minute).
① Formation of the pennant and the “false breakout”
In the image, a clean symmetric triangle consolidation (pennant) is formed. It shows a breakout once, but quickly returns and breaks out in the opposite direction.
It is important to anticipate that a fakeout can happen from the start
② Support from moving averages
What turns a fakeout into a confirmed move is the basis of the long-term moving average.
The image only shows the 20MA, but when you look at higher timeframes or other MAs, there are times when it appears to be supported and rebounds.
After showing a false breakout below the pennant, the MA provides strong support and rebounds.
This is often the key point for avoiding fakeouts.
③ Profit-taking (take-profit) timing
There were also instances of taking profits before an event, but essentially I exit based on price movement
However, when a fakeout occurs, it often continues to move in the expected direction.
Three tips for gold trading
From this trade, the core rules for consistently winning in gold are as follows.
- Doubt the prettier patterns:Pennants and head-and-shoulders that everyone sees are easy targets for fakeouts.
- Check higher-timeframe indicators:Even if the short-term chart breaks down, if the 200 MA or the higher-timeframe 20 MA is in play, it’s highly likely to be a fakeout.
- Anticipate algorithmic moves:The points where many will cut losses are precisely the opportunities for contrarian trades.
Summary: If you make fakeouts your ally, gold is not scary
A simplistic method like “enter after breaking the pennant” is unlikely to help you survive in today’s gold market.
However, by using the power of “the move after a fakeout returns to its original flow,” you can aim for substantial profits, such as over 100 pips, with consistency—as in this example.
If you’ve been thinking, “It always moves in the desired direction after I am stopped out…,” please try observing pattern breakdowns at least once.
The method is available in two listings on Gogojungle
It’s written in quite a bit of detail even in the free section, so please take a look.
https://www.gogojungle.co.jp/tools/ebooks/78576
Is it OK?