TRAPPING FOREX TRADING STRATEGY

The main idea this strategy based on strategy of spiders :

First, we build a nice web, after we have completed the web, we go to the middle of web and simply wait. once a bugs hits the web and trapped on the web, we leave the center, get the bugs, bring back to the center of web, eat it, rest, relax and wait for the next bugs to hit the web.

We can do this in trading by placing buy stop above the market and sell stop below the market and then just wait and letting the market decide which price will hit the web first.

As spider, we do not care or worry about the bugs that do not hit the web, because we know there have been enough bugs for all spiders out there and as spider we do not worry if our web broken by nature or other predators because we can build web again and hunting again.

As trader when we know by using this strategy the market will provide PIP for us quite well, and we need not worry about the future as long as our web is intact. But sometime or someday our web broken cause our Target price not hit or our stopp loss hit first, as traders we must believe there still other day, other profit, with good money management, good risk management and good dicipline this strategy will provide us profit in trading. We simply have to relax, spin our web, and wait.

With this strategy our mind will effortlessly and automatically to seek out supporting evidence, information and opportunities to help us win in trading.

Source : Internet (thanks to the author of article "Webometry", his article inspiring us to create Trapping Calculator)

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