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Old 05-30-2007, 08:38 PM
leveragefx leveragefx is offline
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Join Date: Feb 2007
Posts: 61
In this example of the Trend Snapback you get a buy signal with the added benefit of price being on the lower keltner channel. The FX Multimap confirms this trade, the market was stronger on previous up moves than it was on this short term down move. You buy at 1.2235 and the market trends straight up and our chandelier trailing ratchet stop locks in a 40 pip profit.

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Last edited by leveragefx : 06-30-2007 at 07:25 PM.
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