Indicators: Step by Step. Simple, clear & concise indicators, with no subjectivity.
Direction: Take advantage of trading both rising and falling prices, switching easily from one to the other, (long to short).
Time Frames: Trading rules are interchangeable between time frames (long term, medium term & day or intra-day trading).
Markets: Use to trade all ‘Major Currencies’ and stable markets.
Risk Management: Forex Backlash provides specific risk and money management in the form of Stop Loss levels and Position Sizing.
Profit Taking: Forex Backlash incorporates profit taking strategies to bring positions to a ‘break even’ status as quickly as possible, protecting traders capital wherever possible.
Exit Strategies: Trailing Stops are used to trail profit and eventually close out the position when the market looks to have a higher probability of changing direction, capturing as much profit as possible.
Major Benefit: With minimal trader intervention it supports the ultimate time and money freedom the Forex can offer.
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To learn more about Forex Backlash, visit: http://www.dollarpiles.com/info2/forex_backlash/
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