B trading traps

Hello,

I am trading mostly with traps. In opening sessions and in the break of my breakout box.

I belive the best chances are when price is falling to a trap, breaking a support or a resistance.

I use a nominal stop loss of 20 pips for EURUSD and after the trade is on, I adjust it to the most recent semantic low.

From there on ninjatrader strategy handles the trade untill closing it

Helo,

Today the trade was in the begining of London session. It broke the breakoutbox I use to measure the range 3 hours before London starts.

I have regulated the trailing to lower volatility.On Fridays is better to finish before 09.00 GMT

Hello,

Today I have took the long move after frankfurt open and a retracement aprox 40 min after the London open.

Here is the retracement trade.The other one was lengthy and not accepted by youtube.

Depending from the volatility I have tide or loose strategies.It depends also if the pair is rising or dropping.Usually it drops much faster than it climbs. So I prefer to lock pips as quickly as I can .

I set the trap under the psych level of 50.When it broke it, it took my order too.I have moved the stop loss just above the previous major high.In 42 I was in breakeven then it continued to lock pips until the order was closed.

My live trade was in Frankfurt open and specially the retrace after 9.30 Greece time.It took 23 minutes out of youtube range.

So this is an experiment I made with a trap aprox 20 minutes after the release of GBP news.

Hello

Today we had a super nice consolidation from early in the morning.Tha cjhanel broke delivering some nice pips. I took the move but the trade lasted more than youtube permits.

This is the second trap trade 15 min before London opens.

Hello,

Today I lost the Frankfurt trade so I was waiting for the proper setup until it came with a nice consolidation. I have trapped the upper and lower side of the consolidation and then left ninjatrader to make its magic.

Hello,

Today I have placed an OCO trap a few minutes after Frankfurt open.This is the last part of the trade managed automatically by Ninjatrader. The chart is one second chart and you can see in detail what is hapPening.

The trade was from 9.13 to 9.39 Greece time.

Euro climbed a lot during the night.So Frankfurt was without steam. I have placed my traps and waited until 14 min after London open to activate my order. The volatility was still low but after a certain point I was in breakeven so nothing to loose.The video contains the last 6 min of the trade banking the profits.The whole trade was around 40 min.

I have left ninjatrader to do the rest of the job.

Have a nice day

Today volatility wasn't good in Frankfurt and London session, so I waited for the correct timing in New York Session.The high in New York start was 1.4241 , 4 pips under R1. So I placed my trap just above R1 and my target just below R2.

Hello,

Today the ranging continued.Lost some trades because of that and saved the day in the final trade late in the evening.That was a 00 battle lasting aprox. one hour.
I have placed the trap at 95 were it was some pips above a previous attempt to breakout.It made 4 false breakouts today.Here is the last juicy part after we have moved the stop loss above breakeven.Ninja trader manages the trade.

Cheers

B

Hello,

Lets see a trade today with two positive factors in our side.

Late in the evening an RSI divergence in H1 chart is formed pointing upwards.The pair made a double bottom and I have placed a trap above the previous high which would be in the middle of a 00 battle too. So the order is triggered and I have picked some creamy pips in a half an hour trade.

Here is the last juicy part after we have secured the trade .

Hello,

Each battle 00 is separated in two pieces.The pre 00 and the after 00. In the pre 00 traders are selling in 97 98 area. Then you have two options.Either you rebuy 10 pips below either you place a trap above the high.

I have choose the first option today in a half an hour trade aprox 30 min after London open.

There was another trade half an hour before Frankfurt when the pair broke the consolidation -chanel after yesterday evening free fall with fewer pips.

Here is the last juicy part after we have secured the trade .In the last seconds H1 candle closes and the pair forms a bubble in order to take the money from the high time frame "suckers",lol

Hello,

The volatility is incredibly slow, we are in the heart of the summer maybe this is the reason along the fact there wasn't any hot economic announcements scheduled for today. The trade lasted aprox. 45 min so I took one picture from the start and one in the end in order to comment. Outside of youtube limits for this one.Scalping converts to intraday trading during summer,lol.

Hello,

Nice moves we had today, 00 battles , one hour divergencies ,nice waves.

I have managed to cut a portion of the video in order to fill the trade in youtube.Started in 10 sec chart and finish it in 1 sec chart.

I don't know camtasia yet but I will become better.Promise.My voice and accent are lousy , sorry,lol.

This is an after news trading trap based on the m15 candle.

Hello,

Today we had nice trades in the Europe morning.

I have wrote for you the Frankfurt trade but later a divergence formed and I have took another 30 pips in the long direction.

EU broke a major trendline today on the daily chart.

As usual I have started with an OCO order........

Hello,

Well I am start learning the camtasia .Here is the morning trade with increased speed in order to fill it in youtube.

Hello,

July ended with a loss in the morning trade.I have lost 20 pips in this one.

The sure thing is you can't win always.

Hello,

Frankfurt today was choppy so I close the trade at breakeven.

Then I was waiting for the London open and the breakout move along with my tools and filters. It seems we hit a bulls eye. Thank you for watching.

Hello,

After long consolidation in the night , the pair moved in Frankfurt and London open.

Frankfurt went well but London was something special forming a divergence in microtime frames and one hour chart.

Here is the short trade

Hey! Look at this beautiful trading journal I found!

Glad to see it my friend and hope things are great with you,
Brent

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