Trapped-traders
EURGBP (4H) Backtest : 48% win rate across 21 trades => 10 RBacktest results : prnt.sc
Non-looser = 71%
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity (equal highs/lows) behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to trap the traders.
USDMXN (4H) Backtest : 61% win rate across 23 trades => 15.4 RBacktest results : prnt.sc
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity (equal highs/lows) behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to trap the traders.
USDJPY (4H) Backtest : 67% win rate across 24 trades => 19.6 RBacktest results : prnt.sc
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity (equal highs/lows) behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to trap the traders.
Emini / ES / SPY (4H) : Operating range for next week!Price is currently stuck in two opposing trapped traders zones on 4H chart. It'll be interesting to see how these zones play out next week.
This week, we already had a good short entry when price reached the zone where longs were trapped!ht
We might also see more fake-outs on either side which will further trap more traders!
EURUSD (4H) Backtest : 52% win rate across 25 trades => 13.8 RBacktest results : prnt.sc
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity (equal highs/lows) behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to trap the traders.
EURCHF (4H) Backtest : 63% win rate across 16 trades => 14 RBacktest results : prnt.sc
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity (equal highs/lows) behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to trap the traders.
NZDUSD (4H) Backtest : 46% win rate across 26 trades => 10.2 RBacktest results : prnt.sc
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity (equal highs) behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone. Zone is drawn using the first candle which crossed the pivot high/low to trap the traders.
NZDUSD (4H) Backtest : Break of market structureWinners = 6
Losers = 5
Breakevens = 2
Total Trades = 13
% Non Losers = 62%
% Winners = 46%
% Breakevens = 15%
% Losers = 38%
Win/Loss = 120%
Net R = 4.6
Avg R/Winner = 0.77
Avg R/trade = 0.35
Bad trades prevented due to presence of liquidity near SL= 20
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone (against the trapped traders).
RTY (Russell) (4H) Backtest : Break of market structureWinners = 8
Losers = 3
Breakevens = 2
Total Trades = 13
% Non Losers = 77%
% Winners = 62%
% Breakevens = 15%
% Losers = 23%
Win/Loss = 267%
Net R = 9.8
Avg R/Winner = 1.23
Avg R/trade = 0.75
Bad trades prevented due to presence of liquidity near SL= 26
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone (against the trapped traders).
XAUUSD (GOLD) (4H) Backtest : Break of market structureWinners = 12
Losers = 2
Breakevens = 2
Total Trades = 16
% Non Losers = 88%
% Winners = 75%
% Breakevens = 13%
% Losers = 13%
Win/Loss = 600%
Net R = 17.2
Avg R/Winner = 1.43
Avg R/trade = 1.08
Bad trades prevented due to presence of liquidity near SL= 13
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone (against the trapped traders).
USDCAD (4H) Backtest : Break of market structureWinners = 6
Losers = 3
Breakevens = 4
Total Trades = 13
% Non Losers = 77%
% Winners = 46%
% Breakevens = 31%
% Losers = 23%
Win/Loss = 200%
Net R = 6.6
Avg R/Winner = 1.1
Avg R/trade = 0.51
Bad trades prevented due to presence of liquidity near SL= 18
Icons on the chart
Thumbs up : Trade was a win
Thumbs down : Trade was a loss
Circle with a cross : Trade was breakeven
Cross : Did not take the trade due to presence of liquidity behind the stop loss
Variables
Avg winner = 1.6R
Strategy : wait for market structure break, then trade the retest of that zone (against the trapped traders).