How To Trade The News – Trapped Traders® Daily Analysis – Selling NZD/JPY

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The trap we’re going to look at today is known as a rat trap, which occurred in this area here. Should prices continue on lower and then pull back into that area, that would make for a great short, but watch the stock market for confirmation as you want risk off. Meaning the stock markets are selling off globally; would make this a great trade.

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