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Price Trap Eur/Usd 1 MIN

  • #681
  • Oct 14, 2011 8:37am Oct 14, 2011 8:37am
Sharing some traps, was my 3rd today: looser -12

Maybe i shouldn't go in as it was news time.
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  • #682
  • Oct 14, 2011 8:41am Oct 14, 2011 8:41am
Trap 2: Winner +29
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  • #683
  • Oct 14, 2011 9:39am Oct 14, 2011 9:39am
Quoting Ihor
I've constructed templates of strategy.
Great Job!
Success is a marathon, not a sprint!
  • #684
  • Oct 14, 2011 9:44am Oct 14, 2011 9:44am
so according to this strategy should i start looking for a strong close below 3860 right now???
  • #685
  • Oct 14, 2011 11:45am Oct 14, 2011 11:45am
Trap 3 : Stopped -23
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  • #686
  • Oct 14, 2011 12:10pm Oct 14, 2011 12:10pm
Trap 4: Got out with a small loss -7, as I see another trap being brooked up and don't like it. Still no trading hours so, protecting capital.
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  • #687
  • Oct 14, 2011 12:25pm Oct 14, 2011 12:25pm
Resume of the day: +23-5-12+29-23-7 = 5 pips , almost BE again.

Resume of the week: About + 12.5% for the week, risking about 2 to 4% in each trade. (It depends of the size of the trap). Maybe I should fix the risk, don't got conclusions about it yet.

Not awesome results, but positive results.

Some conclusions about this system:

1) Seems to work both in UK and US sessions.

2) Watch out for a trap long at resistance as well as a trap short at support. Those ones tend to be looser's.

3) Don't trade it if it passes 11:30 GMT or 17:30 GMT. Take a break from 11:30 to 13:30.

If I had made those 3, i'll be in the +20% territory for the week.

There will be more next week.
Have a good weekend!
PH
  • #688
  • Oct 14, 2011 1:57pm Oct 14, 2011 1:57pm
phneutral-

Hello my friend. That 12.5% is amazing!! If you could consistently make that amount every week, that is more than a 50% balance increase every month!!! If you do the math, it is more than $2 MILLION after only 12 months-The best part? That is starting with only a $1000 balance.
  • #689
  • Oct 14, 2011 2:10pm Oct 14, 2011 2:10pm
Quoting Ihor
I've constructed templates of strategy. So, it would be simpler for new members to understand the core of this strategy.

Attachment



Attachment


Speechless here, good job!!!
Trade Like a Robot make money Like a Bank
  • #690
  • Oct 16, 2011 7:50am Oct 16, 2011 7:50am
Good job, thanks Ihor!
Vandag is die dag.....
  • #691
  • Oct 16, 2011 2:22pm Oct 16, 2011 2:22pm
Quoting phneutral
Resume of the day: +23-5-12+29-23-7 = 5 pips , almost BE again.

Resume of the week: About + 12.5% for the week, risking about 2 to 4% in each trade. (It depends of the size of the trap). Maybe I should fix the risk, don't got conclusions about it yet.

Not awesome results, but positive results.

Some conclusions about this system:

1) Seems to work both in UK and US sessions.

2) Watch out for a trap long at resistance as well as a trap short at support. Those ones tend to be looser's.

3) Don't trade it if it passes 11:30 GMT or 17:30...
this is great PH well done you trading machine lol
J12
  • #692
  • Oct 17, 2011 2:40am Oct 17, 2011 2:40am
Very quiet round here today....everybody in skype room??
  • #693
  • Oct 17, 2011 3:33am Oct 17, 2011 3:33am
Quoting oconnor365
Very quiet round here today....everybody in skype room??
I read the whole thread last night and hope to start testing this morning. I have sent Raz a message to kindly add me to the Skype room. Hopefully there more action there.

(Skype: zr.fx1)
  • #694
  • Oct 17, 2011 4:55am Oct 17, 2011 4:55am
Trap 1: Looser -13. Didn't surprised me as we are at resistance area.
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  • #695
  • Oct 17, 2011 5:08am Oct 17, 2011 5:08am
Trap 2: No entry
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  • #696
  • Oct 17, 2011 5:09am Oct 17, 2011 5:09am
here my first winner for today
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  • #697
  • Oct 17, 2011 5:38am Oct 17, 2011 5:38am
Trap 3: Stopped out: -20
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  • #698
  • Oct 17, 2011 5:40am Oct 17, 2011 5:40am
Quoting AndreyBecker
here my first winner for today
Don't saw that one! Tks for sharing.

PH
  • #699
  • Oct 17, 2011 7:07am Oct 17, 2011 7:07am
Quoting AndreyBecker
here my first winner for today
I took that one too.

Nearly 50pips banked.
youtube.com/@pantherfxt
  • #700
  • Oct 17, 2011 8:05am Oct 17, 2011 8:05am
Hi Guys

Been following this awesome thread and love the price trap for entry.

Hows this one sit with you guys?

I think its almost perfect and I'm looking to short it, so might take a crafty short at top of trap risking handful of pips then get to break even super quick before price reaches bottom of trap and see what happens.

Hopefully price will fall out the bottom for 50 plus pips.

All the best Clive.
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Feel the Fear and do it anyway!!!
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