GBP/CAD: Review!!!This trade was a little hard, what when I was shorting, I closed up the short position and in like 12 hours later, we see that manipulation that price do, also a lot people it's been liquidated when I was shorting GBP/CAD, but I closed up this trade in short position in time, but the result it's that I don't earned as i don't losss any, as I closed up very near of my entry price, what any loss or earns was very diminutive. But in yet, this was very manipulative by institutional, but as I don't following their importance, I decide to keep away this trade.
But not bad this trade, but what I knew that will occur a manipulation as we see there and a lot people has been liquidated. But if there're any comment to add, when this occur this manipulation, it's a good point to entry in short from this point.
So, I don't any negative action in this trade, but the good it's that I knew that will occur a manipulation as we see now. Also to add, my perspective was in long until not trade yet without confirmation as would there a possibility to long based in Daily timeframe.
But not bad, the price only make what institutional do, and I learn in this trade to add in my experience, when occur a manipulation like this, being pending if that it's a break out or market trap to liquidate everyone. But the trend was bearish from this higher point of manipulation.
Markettrap
EUR/GBP: Zone of TrapEuro/Great Britain Pound made this break-out of this consolidation But for who entry around 0.8580 GBP, you're target could be 0.8630 GBP, because you will need to pay attention in 2 point to watch in this possible market trap and entry in the possible short in this par against what they're boughts in the moment, but a lot carefully trade EUR/GBP.
We're in this bullish channel, but you will need to pay attention in H1 timeframe what I look. And maybe we could to expect a bearish movement incoming
I hope that this idea support you
I will keep update this par until get conformation to short EUR/GBP
Keep update!!!
Cash Trap / Market TrapIt is a strategy for binary that tells you how many confirmation there are in each candle points, increase dynamic s / r for greater effectiveness compared to binary options. It only works in timeframes of 5 min and trades with an expiration time of 3 min with a maximum of 2 roll over. The best pairs to trade with this scanner is | USD / JPY , EUR / USD , EUR / JPY , USD / CAD AND EUR / CAD |
You can get the strategy by contacting me
Beware: Bitcoin still on the up trend!!!Hello guys, today I will going to explain one thing, Just now, Bitcoin is in formation to confirmed another chartist pattern invisible, if in the past hours we see a bearish rising wedge, right now we could to see a bullish channel of continuation of the trend, and obviously is the market trap!!!
Why I should say it:
That screenshoot it's explain so clearly about this strategy how the market trap is formed if you not pay attention the price action!!!
Well guys, it's all for you and I entry in long at $10,300 USD, my SL is $10,166 USD and my tak profit is $10,600 USD
LTC - Watch for a Market TrapMarket has a double top on Day chart, divergence on a 4H and lower highs on a 1H. Will it reverse or is a bear trap snapping it's jaws shut.
DEFINITION of 'Bear Trap'
A false signal indicating that a upward trend in a market has reversed and is heading downwards when, in fact, the security will continue to incline.
BREAKING DOWN 'Bear Trap'
A bear trap often causes some investors to sell a market, but because the market continues to incline after the initial signal, those who bought in are "trapped" in a bad investment.