Cash Trap / Market TrapIt is a strategy for binary that tells you how many confirmation there are in each candle points, increase dynamic s / r for greater effectiveness compared to binary options. It only works in timeframes of 5 min and trades with an expiration time of 3 min with a maximum of 2 roll over. The best pairs to trade with this scanner is | USD / JPY , EUR / USD , EUR / JPY , USD / CAD AND EUR / CAD |
You can get the strategy by contacting me
Imacademy
USDCADThe price of USD/CAD has been declining for some time, as the graphical depiction shows. A correctional motion is required after a strong impulsive move. The price is currently resting on a key historical support level. In the short term, we expect the price to stabilize for a while, create a beautiful bottom, and then continue climbing. The goal will be established at the 1.267 resistance level.
Illustrated strategy mixSpotted this on silver monthly yesterday, and illustrated how triple threat plays off structure breaks.
But these same set ups are found down on most smaller time frames. especially with 5-15 min delorians. So when your delo, or purple zone trade smashes a TP, tripple threat will get you back in at the retest of your TP/structure break when your in a trending market.
Applicable on all instruments.
Of course: Fundamentals drive the direction of a market and risk management discipline is the only way to grow an account long term.
AUDCAD PRICE TRAP 1HR tfAUDCAD Price Trap - (BUY/SELL)
BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 0.98837
TP1: 0.99106 (27 pips)
TP2: 0.99400 (57 pips)
TP3: 0.99631 (80 pips)
TP4: 0.99905 (107 pips)
SL: 0.98491 (34 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 0.97798
TP1: 0.97542 (25 pips)
TP2: 0.97306 (49 pips)
TP3: 0.97171 (62 pips)
SL: 0.77206 (26 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE
AUDUSD PRICE TRAP 1HR tfAUDUSD Price Trap - (BUY/SELL)
BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 0.77853
TP1: 0.78364 (51 pips)
TP2: 0.78891 (104 pips)
TP3: 0.79487 (163 pips)
TP4: 0.80015 (216 pips)
SL: 0.77538 (32 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 0.76948
TP1: 0.76564 (38 pips)
TP2: 0.76217 (73 pips)
TP3: 0.75856 (109 pips)
SL: 0.77206 (26 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE
NZDJPY PRICE TRAP 1HR tfNZDJPY Price Trap - (BUY/SELL)
BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 77.770
TP1: 78.065 (29 pips)
TP2: 78.521 (75 pips)
TP3: 79.200 (143 pips)
SL: 77.445 (33 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 76.848
TP1: 76.629 (22 pips)
TP2: 76.266 (58 pips)
TP3: 75.934 (91 pips)
SL: 77.269 (42 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE
CHFJPY PRICE TRAP 1HR tfCHFJPY Price Trap - (BUY/SELL)
BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 117.768
TP1: 117.997 (23 pips)
TP2: 118.217 (45 pips)
TP3: 118.514 (75 pips)
TP4: 118.857 (109 pips)
SL: 117.445 (32 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 117.032
TP1: 116.852 (18 pips)
TP2: 116.540 (49 pips)
TP3: 116.267 (77 pips)
SL: 117.328 (29 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE
GBPJPY PRICE TRAP 1HR tfGBPJPY Price Trap - (BUY/SELL)
BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 149.061
TP1: 149.315 (25 pips)
TP2: 149.679 (61 pips)
TP3: 150.023 (94 pips)
TP4: 150.368 (130 pips)
SL: 148.693 (37 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 147.428
TP1: 147.226 (20 pips)
TP2: 146.941 (48 pips)
TP3: 146.538 (89 pips)
SL: 147.804 (38 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE
EURAUD PRICE TRAP 1HR tfEURAUD Price Trap - (BUY/SELL)
BUY
Entry: If price break and closes above
alert price on the 1hr tf, enter on the break or the retest
Alert: 1.54042
TP1: 1.54302 (26 pips)
TP2: 1.54652 (61 pips)
TP3: 1.55163 (112 pips)
TP4: 1.55964 (192 pips)
SL: 1.53733 (31 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
SELL
Entry: If price break and closes below
alert price on the 1hr tf, enter on the break or the retest
Alert: 1.53485
TP1: 1.53228 (26 pips)
TP2: 1.53021 (46 pips)
TP3: 1.52853 (63 pips)
SL: 1.53835 (35 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE
GBPUSD PRICE TRAP 30M tfGBPUSD Price Trap - (BUY/SELL)
BUY
Entry: If price break and closes above
alert price on the 30m/1hr tf, enter on the break or the retest
Alert: 1.40847
TP1: 1.40973 (13 pips)
TP2: 1.41154 (31 pips)
TP3: 1.41438 (59 pips)
TP4: 1.41682 (84 pips)
TP5: 1.41934 (109 pips)
TP6: 1.42375 (153 pips)
SL: 1.40619 (23 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
SELL
Entry: If price break and closes below
alert price on the 30m/1hr tf, enter on the break or the retest
Alert: 1.40610
TP1: 1.40407 (21 pips)
TP2: 1.40198 (42 pips)
TP3: 1.40032 (58 pips)
TP4: 1.39854 (76 pips)
SL: 1.40823 (21 pips)
If it breaks TP1, or is considerably in profit,
move your stop into profit or close in profits
THESE ARE N.O.T. PENDING ORDERS
MUST WAIT FOR THE BREAK & CLOSE
Are you rooting for Bears or Bulls?Testing old concepts with new concepts.
Seems as if Bulls will regain control, however, we struggle to clear previous highs.
Head & Shoulder pattern is pops up and first shoulder touched 61.8 so clean.
Anticipating a Break & Retest.
May sweep Equal Lows & Create a NEW Equal Low if bears take control.
If Bulls take control I assume a temporary bull run until Potential Equal High.
New trader from IM but learning from tradehouse.
Feel free to send feedback on Instagram @kevinjzurc.
Eur/Nzd Tyree Thomas Jr uses the Kobane Trading Plan 12/14/19 Eur/Nzd Tyree Thomas Jr uses the Kobane Trading Plan 12/14/19 to analyze the market for a buy. My Mentor Curtis Kobane Branch taught me his strategy and he also teaches the Trading Plan live on IM Academy. I used trendlines like a technical indicator, the Fibonacci retracement tool, support and resistance lines, and market structure to do my mark ups. I have alerts set the 786 buy demand zone level and the 886 buy demand zone level so that I don't miss the trade. If you take the trade, you are trading at your own risk.
"I Am Not Responsible."