The Trap Setter

What it teaches

Waiting for the sweep and the close back before acting.

• Spotting inducement while it forms, not afterwards.
• Requiring the sweep and the close back above the level before acting.
• Tolerating the feeling of missing a move.
• Staying flat when confirmation never arrives.

How a round plays

1. One simulated USD/JPY session, five charts in a row. On each, a line marks equal lows where stop orders rest.
2. Your written plan stays on screen: a sweep is a candle that trades below the line, confirmation is a candle that then closes back above it. Only after both do you buy, with the stop under the sweep low.
3. Each chart asks for two decisions. The tickets are: buy now, stay flat, or sell short. The plan has no shorts.
4. The Trap Setter quotes real numbers and gives bad advice. A bounce in front of the line is inducement. A drop through the line that does not close back is a break. In both cases the plan says stay flat.
5. Progress comes from the discipline of each choice, never from the profit of the simulated trade. About five minutes.

How it is graded

Each decision is graded against the written plan: no sweep, no setup, and no close back above the level, no entry. Staying flat when the plan says so scores as much as the one correct buy. The result of the simulated trade does not count.