Caught on the Wrong Side of the HTF Trap

  Last week we profited from recognising and exploiting a Higher Timeframe (HTF) trap. Check it out here if you missed it – https://yourtradingcoach.com/trading-process-and-strategy/higher-timeframe-trap-everyone-long-above-this-level-is-wrong/ This week, let's look at the other side of traps. The fact that sometimes… the trapper becomes trapped. Repeating for effect: You don't always get it right. Sometimes you're "the other…

Higher Timeframe Trap – Everyone Long Above This Level is WRONG!

Most of the traps I trade come from the Trading Timeframe or Lower Timeframe charts. I don't watch the higher timeframe for traps. However, I do see them from time to time. And they can provide some nice trading opportunity. Ok, "wrong" is probably a poor choice of word. The reality is that we don't…