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Go short when price falls back below the resistance level. Bear Traps Bear traps occur when a downward breakout retreats back above a support level. Bear traps should be traded in an up-trend. They may also signal reversal after an extended down-trend. Go long when price rises above the support level. Price spiked up to a new high, in early 1998, but quickly retraces. Resistance forms just below the previous high.
The strong following correction is a bearish sign. Bull trap: Price rallies to a marginal new high but then retreats below the new support level. A short retracement confirms the trend change. An equal lower high confirms resistance has formed at 32. How Good Is Your Market Analysis?
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Copyright 2001 – 2017 Incredible Charts Pty Ltd. Animal trapping, or simply trapping, is the use of a device to remotely catch an animal. Animals may be trapped for a variety of purposes, including food, the fur trade, hunting, pest control, and wildlife management. Native Americans trapped fur bearing animals with pits, dead falls, and snares. The monarchs and trading companies of Europe invested heavily in voyages of exploration. The race was on to establish trading posts with the natives of North America, as trading posts could also function as forts and legitimize territorial claims.
The Hudson’s Bay Company was one such business. Trappers and mountain men were the first European men to cross the Great Plains to the Rocky Mountains in search of fur. They traded with Native Americans from whom they learned hunting and trapping skills. Beaver was one of the main animals of interest to the trappers as the fur wore well in coats and hats.
Beaver hats became popular in the early 19th century but later the fashion changed. Towards the end of the century beaver became scarce in many areas and locally extinct in others. Trapping is carried out for a variety of reasons. Originally it was for food, fur and other animal products. In the early days of the colonization settlement of North America, the trading of furs was common between the Dutch and Native Americans, the French and Native Americans or English and the local Native Americans. Many locations where trading took place were referred to as trading posts. Much trading occurred along the Hudson River area in the early 1600’s.
In some locations in the US and in many parts of southern and western Europe, trapping generates much controversy as it is seen as a contributing factor to declining populations in some species. One such example is the Canadian Lynx. In recent years, the prices of fur pelts have declined so low, that some trappers are considering not to trap as the cost of trapping exceeds the return on the furs sold at the end of the season. Beaver castors are used in many perfumes as a sticky substance. 40 dollars per dry pound when sold to the Northern Ontario Fur Trappers Association. In the early 1900’s, muskrat glands were used in making perfume or women just crush the glands and rub them on their body.
Size comparison between two common types of spring traps. Traps are used as a method of pest control as an alternative to pesticides. Though it is common to state that trapping is an effective means of pest control, a counter-example is found in the work of Dr. Jon Way, a biologist in Massachusetts. Dr Way reported that the death or disappearance of a territorial male coyote can lead to double litters, and postulates a possible resultant increase in coyote density. Animals are frequently trapped in many parts of the world to prevent damage to personal property, including the killing of livestock by predatory animals.
Many wildlife biologists support the use of regulated trapping for sustained harvest of some species of furbearers. Studies have repeatedly shown that trapping can be an effective method of managing or studying furbearers, controlling damage caused by furbearers, and at times reducing the spread of harmful diseases. Trapping is useful to control over population of certain species. Trapping is also used for research and relocation of wildlife. Animals may also be trapped for public display, for natural history displays, or for such purposes as obtaining elements used in the practice of traditional medicine. Trapping may also be done for hobby and conservation purposes. Most of the currently used traps used for mammals can be divided into six types: foothold traps, body gripping traps, snares, deadfalls, cages, and glue traps.