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Thread: The Finger Trap strategy

  1. #1
    Lukman Otunuga's Avatar
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    The Finger Trap strategy

    Use this thread to discuss your ideas, opinions and thoughts on trading, James Stanley's Finger trap Strategy.

    The finger Trap strategy is one which is utilized by many traders! This is strategy focuses on the short term trends that may be available.

    This strategy is suited for intra day trading, the type where trades are held from anything from a few minutes to a few hours.

    The strategy simply follows and catches the trend, granting an early entry and exit.

    More information about the strategy may be found here –


    http://www.dailyfx.com/forex/educati..._in_Forex.html


    A video walk through of the strategy may be view below –



    Please share your thoughts!
    Last edited by Alejandro Zambrano; 12-04-2013 at 02:21 PM.
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  2. #2
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    Short entry at 6 am yesterday

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  3. #3
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    Short entry at 2:30 am, exit at 5 am. 85 pips.

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    Last edited by Lukman Otunuga; 08-02-2013 at 05:42 AM.
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    Short entry at 1:15 am today on AUDUSD -

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  5. #5
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    Short opportunity for Gold at 2:15pm on the 1st August.

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  6. #6
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    Long opportunity on USDJPY 5:30 am today -

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  7. #7
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    Long opportunity at 12 am with USDCAD on the 1st August.

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    Last edited by Lukman Otunuga; 08-02-2013 at 07:54 AM.
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    Long opportunity on GBPUSD at 6.30 am Today -

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    Short opportunity on EURGBP at 7:15 am today -

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  10. #10
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    Really interesting Lukman !
    Question: according to your statistics, what was your best time scale for using this method? Did you also try this strategy on longer time tradings ?

    Thanks a lot for sharing
    Quote Originally Posted by Lukman Otunuga View Post
    Short entry at 6 am yesterday

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  11. #11
    Lukman Otunuga's Avatar
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    Quote Originally Posted by samurai-ali View Post
    Really interesting Lukman !
    Question: according to your statistics, what was your best time scale for using this method? Did you also try this strategy on longer time tradings ?

    Thanks a lot for sharing
    I feel the best time is the 15 minutes time frame samurai, i have tried the 5 min, 30 min, 1 hr, 4 hr etc but the 15 minutes provides the most optimal results for entry and exit!
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  12. #12
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    Short entry 9:30 am today UK oil -

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    Short opportunity on Gold at 9:30 am today -

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  14. #14
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    Short opportunity NZDCHF- Today at 12:30pm -

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  15. #15
    Lukman Otunuga's Avatar
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    Hello guys please share your finger trap strategies and different Exponential moving average settings!
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