Low Hanging Fruit

Pips2Profit
Cameron Benson
 Characteristics

1. Part of a larger underlying trade setup, that has already started to

move prior to your session.
2. Trend Style Trade.
3. Looking for the 1st bounce on the 1Min/15Min Chart.
4. Has completed a 25-75 Pips Stop Hunt against the current trend
(Depending if you are trading Currencies/Index/Oil/Gold.
Considerations
1. Watch market structure. Was this pullback a break in structure?
2. Look at the clock?
a. Is a new hour about to start?
b. Is a new 15min candle about to open/just opened?
c. Is the equity market open yet?
3. How far has the market pulled back?
a. 25-75 pips?
i. Allows space for the market to fall through to give your trade room for good Risk:Reward?
ii. Average Stop Hunt is 25-50 pips and can take from 15-45 Minutes to complete.
4. What was the overall trade setup that started moving before your session?
a. Day 3 reversal
b. Day 2 Trend
c. Signal Day
i. FRD/FGD
ii. Inside Day
iii. 3 days Previous Days Level hit
Defining a Stop Hunt 1. Can take form in a few different variations. For the
purpose of this setup I will reference:
a. 3 Levels (3 Pushes) Stair Stepped Price Action. (1 Min)
b. 3 Bar pattern (15 Min) “1,2,3”
c. 4 Bar Pattern “1.2. Sideways 3”
d. “33 Trade” Style stop hunt 3 levels ending in a 1.2.3 (1
Min Chart)
2. Stop Hunt is countertrend to the markets intended
direction, stopping out people who have the trade
correct, and inducing people to trade in the wrong
direction.
Using the Number Boxes To Line Up The Trade
1. Using round numbers and the quarter
levels, you can look to see potential areas
for this type of trade to reach for.
2. Average stop hunt is 25-50 pips. So
measure 25-50 pips up/down from when
the market start moving against the trend
for potential strike zones.