TrapReversalTrading

TrapReversalTrading Updated 

Hello traders! This is a short for 30 pips, catching price between lines B to C or for 60 pips between lines B to D. It`s recommended to position stop no further than 1:1 RR away from entry, although this may vary with markets and volatility. When price reaches line B, the trade could be taken with a sell stop order, set and forget, or could be taken depending on...

TrapReversalTrading

Hello traders! We are looking to buy on the break of the green rectangle to catch 50 pips between the B and C lines. Price may go a lot more than 50 pips or even less, the lines work to determine most likely pip range for a decent trade. This trade can also be taken with a buy stop order as a set&forget setup. It is recommended to position stop no further...

TrapReversalTrading

Hello traders! There are two possibilities here, a long from line B to A for 30 pips and a short from lines C to D for 30 pips, depending on which way the market heads on open. These trades will be void however if the market opens with a gap that disrupts current price action. These trades can be taken with a buy stop or sell stop order as a set&forget setup....

TrapReversalTrading Updated 

A little in profit, holding to see if it will lead to a real big breakout and drop. Triangle action.

TrapReversalTrading Updated 

Entry long at 1.10868 and target at 1.10943, not all the pips but a high probability trade.

TrapReversalTrading Updated 

On the 15M we have a divergence play short setting up now for 35 pips. Daily chart set up for a drop as well regardless of yesterday's close, see if it plays out that way.

TrapReversalTrading

Hello traders! In this trade we are going for 40 pips between lines C and D. There is also a second target for 80 pips between lines C and E. These trades can be taken with a sell stop order as a set&forget setup. It`s recommended to position stop no further away than 1:1 RR away from entry, although this may vary with markets and volatility. Best, Jay

TrapReversalTrading

Hello traders! With this trade, we want to grab 40 pips between lines B and C. If you look a the circle on the chart you can see price never reached line A, so the build up needed to push the T2 level all the way to line C never happened. If you were in the T2 trade, you would still be in it now cause the stop loss was not hit. These trades can be taken with a...

TrapReversalTrading

Hello traders! This trend might be a little overplayed but it may still deliver the pips. In this trade we are shooting for 40 pips between lines B and C. Looking back at the nature of this trend, the T1 and T2 levels are more likely to be hit, rather than the T3 level which could be a launch level, thereby eliminating our short but we won`t know until Monday....

TrapReversalTrading

Hello traders! In this trade we are looking for a momentum completion from line B to line D for 50 pips. We also have a 25 pip target between lines B and C if price goes that way. These trades can be taken with a buy stop order as a set&forget setup or we can wait for PA to close above line B as with the T1 and T2 levels. In the case of the T3 level, price...

TrapReversalTrading

Hello traders! In this trade we are looking for 25 pips on a sell from lines B to C. Based on PA at the T1 level price may not reach line D but we never know. It`s recommended to position stop no further away than 1:1 RR away from entry, although this may vary with markets and volatility. When price reaches line B, the trade could be taken with a sell stop order,...

TrapReversalTrading Updated 

Triangle breakout high for 200 pips for a risk reward of 1:4 Let's see if the initial breakout holds.

TrapReversalTrading

Entry long at 1.44971 Target at 1.45138 for 16 to 17 pip goal. Good luck traders!

TrapReversalTrading Updated 

High prob short with 20MA, inside bar burst down, 1:1 RR

TrapReversalTrading Updated 

Took a -14 pip hit on the previous eurusd trade but this is a good opportunity to jump back in for a 2:1 push down.

TrapReversalTrading Updated 

We have a great short here, with some unique structural points that use a combo of burst areas and supply/demand.

TrapReversalTrading Updated 

This is based on the same methodology I used with the EURUSD short (just failed but still good trade), going for 2:1.

TrapReversalTrading Updated 

We had a good push down off of immediate demand and looking for tight stop continuation.