This video shows how the fakey is traded on the 4 hour chart, there were two excellent fakey setups on the 4hr GBPUSD chart discussed in this video. The setups in this video actually formed against the primary daily trend, these setups were taken in the direction of the 4 hour trend, which was counter to the daily trend at the time, or in the midst of a counter-trend pullback. The fakey setup is one of my favorite all time price action patterns to trade, you can see in the above video exactly why I consider it to be one of the best forex trading price action patterns.