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Bond Back & Forth
March 26th, 2008 at 10:27pm · No Comments
Bond over the last few months have been an outstanding example of how my Cycle-Trap indicator works. Bonds have oscillated between the upper and lower bands of the Keltner channel. The Cycle-Trap moves outside of those bands and then reverses. The blue when the Cycle-Trap is extended beyond the channel, it is ripe to signal a trend change in the bonds. Notice how the Cycle-Trap turns very close to the actual price extreme, with much less lag than a moving average would have.
Tags: Bonds
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