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Old 02-14-2007, 08:11 PM
leveragefx leveragefx is offline
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Join Date: Feb 2007
Posts: 61
Here's another example of our Trend Snapback Forex Trading System. The key behind this strategy is it trades in the direction of the trend on a pullback against the longer term trend. The first trade goes short and our customized Chandelier volatility based trailing stop does a great job of locking in most of the move, catching 12 pips. It then goes long and the market rallies up to the Daily Pivot point and the stop catches 24 pips. The third buy catches about 8 pips. Total pips for the day 44 pips!



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Last edited by leveragefx : 06-30-2007 at 07:24 PM.
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