Traps in Forex.

4 gün önce

Traps are very common moves played by big players at accumulation and distribution levels. They do so to grab the liquidity from retail traders. Liquidity grab is done by SL hunting of retail traders, and for SL hunting traps are being lay by fake breakout or breakdown of support or resistance level ( also known as accumulation or distribution level in western style). But, as a trader this traps can be played smartly by retail to gain some good move. I have attached a snapshot of my few trades from last month. I have mentioned how I traded those traps.

Note: I have prepared this analysis today to post it for learning purpose. I don't remember my exact entry and exit price.