TraderSimon’s 14 Key Setups

Supply Zone Supply Continuation Demand Zone Demand Continuation

Supply

Supply Demand

Demand

Bull Trap Bull Trap Bear Trap Bear Trap

(Aggressive entry) (Conservative entry) (Aggressive entry) (Conservative entry)

Supply Supply
stops Entry stops
Entry
Entry
stops Entry stops
Demand Demand

Continuation Bull Trap Continuation Bull Trap Continuation Bear Trap Continuation Bear Trap
(Aggressive entry) (Conservative entry) (Aggressive entry) (Conservative entry)

Entry
Supply stops stops
Supply Entry
stops Entry Demand Demand
stops
Entry

Engulfed Demand Engulfed Supply

Stops (optional)
Supply

Engulfed Engulfed

Demand
Stops (optional)
Hint Sheet

 The first “fresh” test of a zone is the most reliable.

 The more a zone is tested, the less likely it is to hold.
 The safest way to trade a 2nd test of a zone is with a conservative bull or bear trap.

1st 2nd
stops 3rd
Demand stops

Observe how the market approaches a zone

 Rounded retrace or flagging retrace = high probability

 V-shaped reversal = low probability

✓ ✓ ✕

Rounded Flagging V reversal

And finally…

 Always look at the higher timeframes.

 Which higher timeframe zones has the market come from? Which zones could it go to?
 Mark areas of equal (clean) highs and lows on your charts where stops could reside and the
market could hunt later.
 Keep an eye on important upcoming news events that the market may be waiting on.