Trinket 1: firstly one, the Arena Grand Master, which will increase your dodge rating by 12%. The trinket will absorbs 750 to 1500 damage, lasting for 20 seconds and having 15 minutes' cool down. It binds when picked up.
The second one Minor Recombobulator, which can be used to dispels Polymorph effects on a friendly target. Also it will restore 150 to 250 health and mana.
Now here is where it gets really hard. The Arena Grand Master is a powerful trinket that can be used by anyone at any level but it is really hard to get. To get the Arena Grand Master you will have to go to the Gurubashi Arena in Stranglethorn Vale and open the chest, which appears every 3 hours (12, 3, 6, 9, etc).
Every time you open the chest you will get one of these ,Arena Master, to get Arena Grand Master you need to get 12 Arena Master and trade them in to the goblin in the arena to get it. The quest to get it is repeatable but I wouldn't recommend getting 2 Arena Grand Master since it will take too long to get them all.
The first time you get the Arena Master trinket (the green one); you need to turn it in to the goblin pirate that sits in the stands of the arena. This will award you experience.
Then, you must get 11 more trinkets from the event by collecting the chest at 12am, 3am, 6am, 9am, 12pm, 3pm, 6pm, or 9pm.
Or you can follow this way, which has been the experience of one of our players. You can get it in the Gurubashi arena quest is for alliance and horde. The nearer road is going from ratchet to booty bay and goes to the Gurubashi arena and talk to the goblin. This is for a blue trinket. And you only need 15 of these to get to the arena grand master, which will equip your dodge rating 12% and absorbs 750 to 1250 damages lasting for 20 seconds. The arena grand master can be found in the arena treasure chest
Trinket 2: Insignia of the Alliance or Insignia of the horde, which can be use to dispel all movement impairing effects and all effects which cause loss of control of your character. This can be bought from a vendor in the Champions hall which can be found in Old town. It will cost you 2805 honor which takes a while to accumulate. Not sure where the horde one is.

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