Hi traders,
In this week’s episode of Trading Talk, we continue building the Reversal Pin Trap Strategy from Episode 380, this time by introducing a structured session box to detect false breakouts.
The session box defines the trading window from 2:00 PM to 11:00 PM GMT. When price spikes outside this range and closes back inside, it sets up the conditions for a potential reversal, forming the backbone of the trap logic. This model builds the base for more advanced candle pattern filters coming next.
Key Points
- Continues the Reversal Pin Trap Strategy development from Ep. 380
- Builds a time-based session box to define a reversal trading window (2:00 PM – 11:00 PM GMT)
- Detects false breakouts that close back inside the box, classic trap logic
- Prepares the model for future refinement using pin bar and engulfing candle filters