The New Age

It's been some time but finally we have some drip for you to pick up. 

The last time you were speaking to you people we were serving up the latest in music, fashion, art, and finance. It's time we take it to another level. Culture Trap will be getting a makeover soon but don't worry, we won't change. New lashes, new wig, but the same Culture Trap.

In addition to the topics we've always covered we will now have pages dedicated to current events, shopping and beauty.That means more content, better content and more engagement. At any time we could be posting a Culture Trap exclusive discount to your favorite make-up brand;and at the same time, on another page, we may be providing sneaker-heads with important shoe drop information. 

Either way, stay locked in to Culture Trap to catch all the vibes.

Culture Trap's objective is to bring all the latest topics of interest to the culture oriented consumer. Please don't forget to sign-up for updates to receive emails and notifications about new posts.

 

Alibaba...Finally

I finally have an Alibaba (BABA) chart...and the 5 min chart is the only chart with readable information lol.

Low Volatility = Swing Trades Pt. 1.6

On this beautiful Wednesday we await the U.S. Feds Rate Statement. My original assessment of the $EURUSD pair stated that we should see its price drop to around the 1.33 level by earlier this week, Monday or Tuesday. Obviously we are running behind schedule but not by much. Price currently stands at 1.33780, exactly 78 pips from our entry target. PLEASE BE PATIENT, because this isn't a support level nor was it ever a resistance level. Don't let the fed news spook you out of profitable positions and don't let the institutional traders entice you to trade with them. Instead let the market reaction either carry you to your destination (1.33) or provide you with an opportunity to relive the most recent market move down (from 1.35). Sell the pops at intra-day resistance levels and buy the dips around and below 1.33. 

The pair is still in its 46 pip daily range so a move to 1.33 from 1.33780 should take us all of 2 days to complete lol. 

Stay local for PT. 2 of this adventure, Low-Volatility= Swing Trades, for the next step to profiting from the $EURUSD and the upcoming news & events. 

Also be sure to check out www.tradingtheyen.com/blog, my new blog, for the best news, entertainment and commentary in finance.