This thread is created in the hopes of answering numerous inquiries I've received about my trading system and, in the process, share what little knowledge I might possess with the general public. My trading system is comprised of two very important strategies: PMT and TRAP. PMT is an acronym for Price, Momentum, and Time. TRAP is an acronym for Trend Reversals and Pullbacks. These two strategies are used in conjunction to one another. First, allow me to regurgitate what has already been written on the subject of PMT elsewhere: TRAP is a strategy that I use to find potential reversals. If PMT happens to be a driving instruction for my car, then TRAP is the map that provides driving directions. It's worth noting that while it's necessary to trade with just one or the other, it's still not sufficient. TRAP provides what is lacking in PMT. TRAP involves a three-pronged approach: retro, macro, and micro. On a "retro" level, a daily chart is used to spot the high and the low for the next trading day. There are many variables considered in this approach, which I will outline later. On a "macro" level, we're dealing with intraday trends. Here, we're solely concerned with prominent trends that occur throughout the day. On a "micro" level, we're focused on what I call individual price swings that collectively make up the trend. These concepts are not easy to articulate, but I hope to make them more clear in due course. Needless to say, feedbacks are always welcome.  Important note: Allow me to be blunt. I don't like to bitch anymore than I have to but there's a good reason why this thread was written in a chronological order. If you're new to this thread, start from page 1 and don't skimp on details!