Mark Chapman - Trapped Traders Scam Deceptive
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 August 11, 2016.
The trap we’re going to look at today is what I refer to as multiple structure failure traps, which are starting to occur in here. They haven’t fully played out yet, but price breaks up strongly above this level. It’ll trap those retracement traders on the wrong side of the market as they’ve come in, selling off that historical level of resistance.
So, if we get a pullback and stock markets continue to rally and you notice some strength in the dollar index, this looks like a pretty good place to get long, but we’ve got some jobs data out of the US later today, so that might be the catalyst for this trade anyway, so keep an eye on that.
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.
Get Mark Chapman's Free Trapped Traders Calls - Click here:
http://mytotalsupport.com/cpv/base.php?c=119&key=c335fd1ebae1ef722be28559d78941b3&ls=youtube&keyword=currency_trading&ad=cm1qiTO8MJI
The trap we’re going to look at today is what I refer to as multiple structure failure traps, which are starting to occur in here. They haven’t fully played out yet, but price breaks up strongly above this level. It’ll trap those retracement traders on the wrong side of the market as they’ve come in, selling off that historical level of resistance.
So, if we get a pullback and stock markets continue to rally and you notice some strength in the dollar index, this looks like a pretty good place to get long, but we’ve got some jobs data out of the US later today, so that might be the catalyst for this trade anyway, so keep an eye on that.
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.
Get Mark Chapman's Free Trapped Traders Calls - Click here:
http://mytotalsupport.com/cpv/base.php?c=119&key=c335fd1ebae1ef722be28559d78941b3&ls=youtube&keyword=currency_trading&ad=cm1qiTO8MJI
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