Trade Like a Robot make money Like a Bank
How is a Bull trap formed? 3 replies
EUR/USD Scalp 1 min 886 replies
Helper EAs for Semi-auto trading and Manual trap setting 0 replies
15 min indicator on 5 min chart 3 replies
Dislikedwell session about to open up. So I look for new traps here, because anything that happened in the past is meaningless. Let's see where price is going to goIgnored
DislikedGood method Raz, simple and straight forward. Would you mind putting up a screen shot, as of now, to get an idea of your beginning of your session Much appreciated.
Good trading day to all!
DislikedRaz, do you have a minimum or maximum range for the trap size? What trap size has worked best for you?Ignored
Dislikedthis is what I am loking at right now, I dont have a trap quite set yet but I will try and let you know asap when I doIgnored
DislikedI voided this trap setup, and will look for a better trapIgnored
DislikedSorry if this sounds dumb, but for the sake of clarity, can just explain what you mean by 'close is too soon'
DislikedHmm lil tough to say, but I see that price does settle well in the trap, however i can't tell how wide your trap is? It does reject well from the bottom level, but it does looks valid to me. Where did you enter long at?Ignored
DislikedNo need to apologize peter. But I usually wait at least 11 mins of price action to occur with in the price trap before I take a valid entry. I start counting minutes after the very first touch of a level .Ignored
DislikedEdit: get long 3424, stop 3409, target 3457, trap 15 pips.
It was a looserIgnored
DislikedHi Raz, thx for sharing your method. I never tried trading 1min before as I always felt it was too fast for my brain. Gonna give your ideas a shot tho and wondering about the live skype room u mentioned in first post - is it up and running yet?Ignored