0m 0s: Lenght

Get Mark Chapman's Free Daily Trade Calls - Click here: http://mytotalsupport.com/cpv/base.php?c=119&key=c335fd1ebae1ef722be28559d78941b3&keyword=youtube-l6t9Ixpp7v8o The trap we’re going to look at today is on a four-hour chart of the USDJPY and it’s what’s referred to as trap break pullback, which occurred in this area here. Traders would’ve believed that at the hard right edge that this area of support was actually holding. But as you can see clearly, that’s now what happened and now those traders are trapped in those long positions, which should price pull back, this looks like a great place to get short. Couple that with the fact that the fed was dovish in tone yesterday and there’s some fear around again relating to the global economy, purchasing safe havens seems like the way to go today. https://www.youtube.com/watch?v=l6t9Ixpp7v8