Search Results for: trapped

Trading Process and Strategy

Profiting from Trapped Traders – Revisited

We first visited the concept of trapped traders a couple of months ago, in this two part series of articles: Trapped Traders – Part 1 – https://yourtradingcoach.com/trading-process-and-strategy/trapped-traders-part-1/ Trapped Traders – Part 2 – https://yourtradingcoach.com/trading-process-and-strategy/trapped-traders-part-2/   While there are other variations of the ‘trapped trader’ concept that we haven’t explored yet, I thought it would be…

Trading Process and Strategy

Trapped Traders – Part 2

Trapped traders are a simple concept you may wish to incorporate into your trading strategy, due to its potential to offer higher reliability trade setups.  Part 1 of this series introduced the 3-Swing Retrace. If you missed that article, you’ll find a copy at this address: https://yourtradingcoach.com/trading-process-and-strategy/trapped-traders-part-1/  In this article, we’ll look at setups which…

Trading Process and Strategy

Trapped Traders – Part 1

Trapped traders are a simple concept you may wish to incorporate into your trading strategy, due to its potential to offer higher reliability trade setups. These are price action based setups in which traders suddenly find themselves trapped in an undesirable situation, either: Stuck in a losing position, desperate to get out; or Stopped out…

Trader

The Good News About Bad Market Openings

I love market opens. The time of day that typically offers the greatest pace and potential for range expansion. But let’s be honest – sometimes they suck. I have a rule – two failed attempts at something and I consider standing aside. Three failed attempts and it’s compulsory. Today I’m standing aside after two attempts….

Trading Process and Strategy

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…

Trading Process and Strategy

The Other Trader (5)

  Let's continue with a series we started last year – the metagame – trading AGAINST other traders who find themselves on the wrong side of the market. Because… If I can't feel someone on the other side of the market getting it really wrong, there is no trade. You can see the prior articles…