Market Open Traps – 3

“Source of This Article:- “https://yourtradingcoach.com/trading-process-and-strategy/market-open-traps-3/

Wednesday’s social media post… for individuals who ignored it:

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The hyperlink: Market Open Traps – 2

Here’s the “text-book” idea:

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The reverse applies as neatly. Price coming near a degree of vital enhance, breaking decrease simply previous to or in an instant after the open, after which smashing upper and trapping any SHORTS in a dropping place.

The industry is in fact a YTC Price Action Trader BOF Setup, With the original twist in that it happens proper on the marketplace open. Again… and once more… and once more.

Let’s have a look at the charts.

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The unique social media publish referred to alternative in NQ and ES.

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The idea isn’t only for those markets. It applies to all markets that have devoted “day session” timings. Have a search for an identical alternative to your marketplace.

Happy trapping,

Lance Beggs

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