1m 13s: Lenght

Get Mark Chapman's Free Trapped Traders Calls - Click here: http://mytotalsupport.com/cpv/base.php?c=119&key=c335fd1ebae1ef722be28559d78941b3&ls=youtube&keyword=how_to_trade_forex&ad=SfWIQjG7IT8 The trap we’re going to look at today is what I refer to as a trap break pullback, which occurred in this area here. Traders at the hard right edge would’ve been interested in going short this pair after it broke that prior level of resistance in here. And as it pulls back, they did indeed start selling, as you can see. But no sooner did they go short, the market has trapped them and gone strongly against them. So, if we get a pullback, this looks like a pretty good place to get long. And with recent soft data out of the US and the emergence of the carry trade, this looks like a pretty good trade, but keep an eye on equities. You want to see them going up and the dollar index heading south. https://www.youtube.com/watch?v=SfWIQjG7IT8 Disclaimer: This video is for general information only and is not intended to provide trading or investment advice or personal recommendations. Any information relating to past performance of an investment does not necessarily guarantee future performance. Forex Traders Daily including its analysts shall not be responsible for any loss that you incur, either directly or indirectly, arising from any investment based on any information in this video. Please remember derivatives and FX spot carries significant risks and may not be suitable for all investors. Losses can exceed your deposits.