this was an example of an ideal trade. you can almost guarantee this trade would work and you can slam those pips.
when the above scenario occurs, the trade is yours to nail !
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Dislikedthis trade followed my rule of breaking above by 5-6 pips, and then closing above, before doing a retrace. it also followed your rule of a retrace to the trap line.
this was an example of an ideal trade. you can almost guarantee this trade would work and you can slam those pips.
when the above scenario occurs, the trade is yours to nail !Ignored
DislikedSo, I tried to eye a price trap, not sure if I got it right though. Plz let me know, any constructive criticism is welcome.
Attachment
that circled area is a potential entry point, due to a clear bear bar outside the trapIgnored
Dislikedthis trade followed my rule of breaking above by 5-6 pips, and then closing above, before doing a retrace. it also followed your rule of a retrace to the trap line.
this was an example of an ideal trade. you can almost guarantee this trade would work and you can slam those pips.
when the above scenario occurs, the trade is yours to nail !Ignored
DislikedHi Guys
Have a question which I hope someone could answer. Lets say we have a trap and break to the upside, price moves away and we wait for retrace. Now, price moves back and goes below top of trap, at what point do we put the trade on? Do we do it now and risk trade carrying on down, or do we now wait for price again to exit trap to topside and buy at market ?
Hope this makes sense as am bit confused as to where to enter.
Kind Regards
GeoffIgnored