Hello traders
-In this example, we will explain what INDUCEMENT is.
-Inducement is a trap for traders left by big boys in the markets to take your money.
-The move is designed to first take out early sellers, then take retail pattern traders, then break out and break and retest traders together in one move.
-The beauty of it is that everybody thinks they win, but in reality, the big boys go home with your money.
-Look at this example carefully and next time you see it play out on the chart, look at how you can profit from it instead of getting your SL hit.
Example:
1) Here, we see that the price is in a downtrend
2) Then, at the last BOS, the price barely breaks through the low and makes a trap for retail traders, breakout and retest traders, etc.
3) As you can see, this was an obvious fakeout and trap for other traders
4) In the end, the price picked up all SL, and came to our entry, from where it starts to move in our direction.
-And remember, you want to swim with the whales and follow them, not go against them.
Don't forget to leave a like and follow us for more quality content.
-In this example, we will explain what INDUCEMENT is.
-Inducement is a trap for traders left by big boys in the markets to take your money.
-The move is designed to first take out early sellers, then take retail pattern traders, then break out and break and retest traders together in one move.
-The beauty of it is that everybody thinks they win, but in reality, the big boys go home with your money.
-Look at this example carefully and next time you see it play out on the chart, look at how you can profit from it instead of getting your SL hit.
Example:
1) Here, we see that the price is in a downtrend
2) Then, at the last BOS, the price barely breaks through the low and makes a trap for retail traders, breakout and retest traders, etc.
3) As you can see, this was an obvious fakeout and trap for other traders
4) In the end, the price picked up all SL, and came to our entry, from where it starts to move in our direction.
-And remember, you want to swim with the whales and follow them, not go against them.
Don't forget to leave a like and follow us for more quality content.