Trapped Traders

Cable Does the Business again! GBPUSD Successful Long Trade

Hello Traders!A great Long trade in GBPUSD to report this week which netted 90 pips! As usual this was shared in the SentiFX chat room under trade ideas - current members check it out, else if you're not a member, you know what to do.Check out the lifetime membership option.Ok, onto the trade analysis and outcome. On the 17th (per below screenshot) I shared with the SentiFX Slack Chat group a chart giving my long entry conditions for Cable. The trade was based on a horizontal (Liquidity Gap - LG) Zone and trendline/wedge pattern forming on the 1hr chart.  Add [...]

By |February 19th, 2021|

AUDUSD, NZDUSD & EURGBP trade setups taken this week using Sentiment 13/02/21

Another pips positive week behind us for those with access to the SentiFX sentiment indicators.... Here are some more examples of successful trades in the past week, taking the other side of retail positions. As always they were communicated to the Sentifx slack chat community forum under 'Trade Ideas'.Lets start with AUDUSD - per my recent blog on the 7th Feb, I was bullish the pair and had advised buying dips into unfilled Liquidity gaps for an expected upmove, firstly into the upper channel zone of the potential bull flag pattern that had been identified and then trade any breakout in [...]

By |February 14th, 2021|

USDCHF Signaled at the Wrong Time? Nope!

A Member asked a legitimate question: "On 24 September 2019 at 17:20, USDCHF moved into the strong sell mode. Looking at the candle chart, you will be selling at the end of  the move down. My question is how do you use the sentiment tool to avoid situations like this or how will you have dealt this scenario?" You could have easily made money if you were trading this on the 15M Time Frame, and would have avoided it all together on the 1H Time Frame.  Here is how you'd do it. This is [...]

By |September 26th, 2019|