FX TrendSnagger

FX Trend Snagger Model

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The TrendSnagger trading model is designed to capture FX trends. Unlike one-dimensional trend-following models that attempt only to maximize exposure during well-defined trends, this model applies a set of pattern recognition and other rules that are overlaid on the trend following rules to take partial profits at pro-trend extremes and to limit draw-downs, depending on the context. The model is rules based.
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About the Saxo Bank TrendSnagger Model

The TrendSnagger trading model is designed to capture FX trends. Unlike one-dimensional trend-following models that attempt only to maximize exposure during well-defined trends, this model applies a set of pattern recognition and other rules that are overlaid on the trend following rules to take partial profits at pro-trend extremes and to limit draw-downs, depending on the context. The model is rules based. The basic entries are strictly defined and the stop levels are absolute, although there is some room for discretion on the profit-taking side.



The FX Trend Snagger Model is one of 4 trading models on TradingFloor.com which are tried and tested with an actual funded trading account from Saxo Bank. Also see Turtle Model, Momentum Allocation Model and BottomFisher Model

Disclaimer

Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

Please read our full disclaimers:

Disclaimer

Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

Please read our full disclaimers:
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