Lee_TrapTrader

Lee_TrapTrader

Makeyourmoneywork4U Trade Idea Pair: XAUUSD Timeframe: D/ 4HR Trade: Sell Take profit: 1800 Stop Loss: 1990 Reason For The Trade: On the daily timeframe price came down from 2070 to 1900 then retraced to about 2014, then made a retest (lower high) about 1990 and has been consolidating since, Now price has come back up to strong resistance in 1960 and this move...

Lee_TrapTrader

Makeyourmoneywork4U Trade Idea Pair: UK100 Position: BUY Timeframe: DAILY STOP LOSS: 5400 TAKE PROFIT: 7000 Reason for trade: I am watching this pair as may go a bit lower to around 5460 level to hit the 50% fib line before getting an entry and holding for the long term to around 7000 (161.8% fib line) If it hits the 50% wait for a higher low retest to get...

Lee_TrapTrader

Makeyourmoneywork4U Trade Idea Pair: NZDCHF Position: BUY Timeframe: DAILY STOP LOSS: 0.59122 TAKE PROFIT: 0.6890 Reason for trade: The chart has retraced on the daily fib to the 0.618% level and then made a higher low retest (see yellow line on the chart) Now looking for price to make its way up to the 161.8% of the fib area.

Lee_TrapTrader

Makeyourmoneywork4U Trade Idea Pair: USDJPY Position: BUY Timeframe: 1HR STOP LOSS: 104.10 TAKE PROFIT: 105.00 Reason for trade: This pair has been consolidation for a while on the daily chart but Im looking for a short rise on the 1hour chart to an area of strong resistance at 105.00 Trade with caution and apply proper risk management with this pair as US...

Lee_TrapTrader

Makeyourmoneywork4U Trade Idea Pair: UK100 Position: BUY Timeframe: 15M 1HR STOP LOSS: 5700 TAKE PROFIT: 5860 Reason for trade: overall basis is long term buy but just looking to get a quick trade on 15m chart in the NY session If you like my trade ideas please show support

Lee_TrapTrader

Long overdue sell off on the NAS Make sure you have a big enough balance to take in drawdown and trade with proper risk management

Lee_TrapTrader

CADCHF BUY Long term trade idea Apply proper risk management

Lee_TrapTrader

CADJPY BUY Long term trade idea use proper risk management

Lee_TrapTrader

This pair has been bouncing around the same area for the last week or two, Expecting a big move to the downside soon. Lots of events with EURO and GBP so dont expect this to be a clear cut sell. If you are prepared to wait the rewards will be great if you dont like to be in a bouncy trade then stay out. Long term trade so apply proper risk management

Lee_TrapTrader

Expecting this pair to be bullish for the immediate future, Long term trade use proper risk management

Lee_TrapTrader

Taking this trade based on daily tf expecting TP around 0.9240 so around 200pips profit depending on entry. SL is as per chart

Lee_TrapTrader

Sell to 1.063 or hold for tp2 at 1.058

Lee_TrapTrader

I see a potential head and shoulders on the 1 hour chart. Using other indicators on meta4 confirms gold will be selling today. I'm looking down to 1740 before a retracement or a reversal. TP will be 1740 and will assess the chart at that point

Lee_TrapTrader

As the trend has changed and now in a new channel I am looking for gold to break 1500 with first to 1522 second tp 1555

Lee_TrapTrader

Respecting the channel and shorting to 1464/ 1465 then will look for confirmations of going long to 1500