Monitor memory and cpu by traps sounds odd.
Traps for those situations are used as alerts like "if more than 90% cpu during 1 minute, send trap to warn that something is odd".
But according to page 74 in admin guide you can setup to use snmp traps (same way as syslog) to get events from system, traffic or traffic logs.
Otherwise the alerting stuff can be setup in various places such as in:
Device > Setup > Operations
Device > Log Settings > Config
Device > Log Settings > System
Device > Log Settings > HIP Match
Device > Log Settings > Alarms
Device > Server Profiles -> SNMP Trap
and probably some other place I have missed.
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