Disclaimer: This
video is for general information only and is not intended to provide
trading or investment advice or personal recommendations. Any
information relating to past performance of an investment does not
necessarily guarantee future performance. Forex Traders Daily including
its analysts shall not be responsible for any loss that you incur,
either directly or indirectly, arising from any investment based on any
information in this video. Please remember derivatives and FX spot
carries significant risks and may not be suitable for all investors.
Losses can exceed your deposits.
Hello traders, Mark Chapman here. I’m the creator of the trademarked Trapped Traders Concept. Welcome to today’s Trapped Traders Trade of the Day Analysis. Today’s date is September 20, 2016.
The trap we’re going to look at today is what I refer to as a structure failure trap and a trap break pullback, which is occurring in real time now in this area here. Traders at the hard right edge have been playing off this historical level of resistance, which has also been support on several occasions. And as you can see, people did indeed go short in here with this engulfing candle, but rather than prices follow through, all that supplies has been eaten up and price is now breaking up beyond that point, trapping those traders short.
So, if this pulls back, this looks like a pretty good place to get long, but do bear in mind that tomorrow is the Fed decision on interest rates. However, NZDUSD is strong across the board this morning. Just make sure you’re nimble and you get out of this trade pretty quick or you can at least get it to break even and potentially hold it through the news.
Disclaimer: This video is for general information only and is not
intended to provide trading or investment advice or personal
recommendations. Any information relating to past performance of an
investment does not necessarily guarantee future performance. Forex
Traders Daily including its analysts shall not be responsible for any
loss that you incur, either directly or indirectly, arising from any
investment based on any information in this video. Please remember
derivatives and FX spot carries significant risks and may not be
suitable for all investors. Losses can exceed your deposits.
Hello traders, Mark Chapman here. I’m the creator of the trademarked Trapped Traders Concept. Welcome to today’s Trapped Traders Trade of the Day Analysis. Today’s date is September 23, 2016.
The trap I’m going to look at today is what I refer to as a structure failure trap, which occurred in this area here. Traders at the hard right edge would’ve been very induced and seduced into selling this pair as it breaks that prior level of support and then it becomes resistance. And as you can see, it does momentarily sell off, but no sooner do people go short in there, the market has gone strongly against them, trapping those traders short off this historical level.
So, if this pulls back, this looks like a pretty decent place to get long.
If you’d like to join me in my Trade Room today to get analysis on all the pairs I’m trading and all the traps I’m considering, I’d love to see you there. Just click the button to join me for today’s live Trade Room. Have a great day, and I’ll see you there.
Disclaimer:
This video is for general information only and is not
intended to provide trading or investment advice or personal
recommendations. Any information relating to past performance of an
investment does not necessarily guarantee future performance. Forex
Traders Daily including its analysts shall not be responsible for any
loss that you incur, either directly or indirectly, arising from any
investment based on any information in this video. Please remember
derivatives and FX spot carries significant risks and may not be
suitable for all investors. Losses can exceed your deposits.
Hello traders, Mark Chapman here. I’m the creator of the trademarked Trapped Traders Concept. Welcome to today’s Trapped Traders Trade of the Day Analysis. Today’s date is September 26, 2016.
The trap we’re going to look at today is what I refer to as an outside candle trap. It’s also a structure failure trap, which occurred in this area here. Traders at the hard right edge would’ve been very seduced into this drop in price. And as it pulls back, it did indeed start to sell off. As you can see, that would’ve looked like it was selling off in real time.
But the candle flips, turns, and closes strongly against those shorts, trapping them in those positions. So, if we get a decent pullback, this looks like a pretty good place to get long, and there were some pretty dreadful economic numbers out of Canada on Friday, so this should be good to go.
If you’d like to join me in my Trade Room today to get analysis on all the pairs I’m trading and all the traps I’m considering, I’d love to see you there. Just click the button to join me for today’s live Trade Room. Have a great day, guys, and I’ll see you there.
Disclaimer: This video is for general information only and is not
intended to provide trading or investment advice or personal
recommendations. Any information relating to past performance of an
investment does not necessarily guarantee future performance. Forex
Traders Daily including its analysts shall not be responsible for any
loss that you incur, either directly or indirectly, arising from any
investment based on any information in this video. Please remember
derivatives and FX spot carries significant risks and may not be
suitable for all investors. Losses can exceed your deposits.
Hello traders, Mark Chapman here. I’m the creator of the trademarked Trapped Traders Concept. Welcome to today’s Trapped Traders Trade of the Day Analysis. Today’s date is September 28, 2016.
The trap we’re going to look at today is what I refer to as a rat trap, which occurred in this area here. Traders at the hard right edge would’ve been very seduced and induced into this trade to the upside. As price pulls back, it looks like a great place to get long and it does indeed breakout from that prior high, drawing in the retracement traders and the breakout traders. But no sooner have they come into the market, the breakout traders have been trapped at those highs and the retracement traders are certainly under pressure and losing money.
So, if this pulls back, this looks like a pretty decent place to get short.
If you’d like to join me in my Trade Room today to get analysis on all the pairs I’m trading and all the traps I’m considering, I’d love to see you there. Just click the button to join me for today’s live Trade Room. Have a great day, and I’ll see you there.
Disclaimer: This video is for general information only and is not
intended to provide trading or investment advice or personal
recommendations. Any information relating to past performance of an
investment does not necessarily guarantee future performance. Forex
Traders Daily including its analysts shall not be responsible for any
loss that you incur, either directly or indirectly, arising from any
investment based on any information in this video. Please remember
derivatives and FX spot carries significant risks and may not be
suitable for all investors. Losses can exceed your deposits.
Hello traders, Mark Chapman here. I’m the creator of the trademarked Trapped Traders Concept. Welcome to today’s Trapped Traders Trade of the Day Analysis. Today’s date is October 3, 2016.
The trap we’re going to look at today is a little bit different because it hasn’t quite setup yet, but it looks to be a great trade in progress. Traders at the hard right edge would’ve believed that this historical level of support was holding, and indeed it did seem as if it was at the hard right edge. And this is the key because this is what induces and seduces the support and resistance trader, in this case support, to go long.
But no sooner have they gone long, it started to go against them, and this level represents post-Brexit lows and multi-year lows. So, if we get below here, that will trap those traders in those long positions, so if we get a pullback, this would look like a very good place to get short. And over the weekend, the UK Prime Minister May stated that the UK is going to leave the EU in a fashion that some have been referring to as a hard Brexit. For me, Brexit just means Brexit as the city gets used to the idea that we are actually leaving the EU.
If you’d like to join me in my Trade Room today to get analysis on all the pairs I’m trading and all the traps I’m considering, I’d love to see you there. Just click the button below to join me for today’s live Trade Room. Have a great day, and I’ll see you there.
Disclaimer:
This video is for general information only and is not
intended to provide trading or investment advice or personal
recommendations. Any information relating to past performance of an
investment does not necessarily guarantee future performance. Forex
Traders Daily including its analysts shall not be responsible for any
loss that you incur, either directly or indirectly, arising from any
investment based on any information in this video. Please remember
derivatives and FX spot carries significant risks and may not be
suitable for all investors. Losses can exceed your deposits.
Hello traders, Mark Chapman here. I’m the creator of the trademarked Trapped Traders Concept. Welcome to today’s Trapped Traders Trade of the Day Analysis. Today’s date is October 4, 2016.
The trap we’re going to look at today is what I refer to as a trap break pullback, and this occurs when levels of support and resistance actually look as if they’re appearing to work at the hard right edge, but fail on those traders, trapping them on the wrong side of the market. In this case, on this one-hour chart of the GBPUSD, you can see this level of support.
And as price comes back into that level, you can also see that it bounces off that level and this would’ve looked at the hard right edge like it was very much following through to the upside.
However, as you can see, no sooner did those traders go long, it’s gone crashing down through that level, which also happens to be post-Brexit lows. So, if we get a pullback into this area here, this looks like a great place to get short.
If you’d like to join me in my live Trade Room today to get analysis on all the pairs I’m trading and all the traps that I’m considering, I’d love to see you there. Just click the button below to join me for today’s live Trade Room. Have a great day, and I’ll see you there.
Disclaimer: This video is for general information only and is not
intended to provide trading or investment advice or personal
recommendations. Any information relating to past performance of an
investment does not necessarily guarantee future performance. Forex
Traders Daily including its analysts shall not be responsible for any
loss that you incur, either directly or indirectly, arising from any
investment based on any information in this video. Please remember
derivatives and FX spot carries significant risks and may not be
suitable for all investors. Losses can exceed your deposits.
