Click here for more information on Keltner Channel Trading http://www.netpicks.com/keltner-channel-trading-strategy/ Here is some information on keltner channels trading: One thing you want to be aware of when trading an indicator method such as the Keltner Channel trading strategy is that, like all indicators, there is a lag time. Indicators are derivative of price meaning that the results that you see via an indicator will come via a calculation using the price you see on your chart. PRICE FIRST. INDICATOR SECOND. Before we get into the strategy that you can use with the Keltner Channel indicator (Keltner bands), let’s cover why a channel can be useful for any trading strategy. For more information on keltner channels trading: http://www.netpicks.com/keltner-channel-trading-strategy/ http://www.netpicks.com/tjlivewebinar - See Our Trading Systems In Action keltner channels trading,keltner channel,keltner channel indicator,trading strategies

2. PRICE FIRST
INDICATOR SECOND

4. Designed to surround the
general price action of the
charted instrument

6. This is the time when you
want to be on alert for
potential trading
opportunities

7. THE BANDS DO NOT ACT AS
A PHYSICAL BARRIER TO
PRICE JUST AS MOVING
AVERAGES DO NOT
MAGICALLY SUPPORT PRICE

9. The moving average can
also act as a landing zone

10. KELTNER CHANNEL
SETTINGS

11. Movingaveragelength(will determinelagtime
ofchannel)
Averagetruerange(ATR)
Bandmultiplier(usesATRreading)
Movingaveragetype(EMA,SMA)
ATRtype(EMA,SMA)

12. The band multiplier is a
very important number

13. This may be suitable for
those scalping with the
Keltner channel

15. Some traders utilize the
Bollinger bands and the
Keltner channel together

16. 20 period EMA
20 period ATR
2.25 multiplier

17. Trading pullbacks is best
done in a market that has
exhibited a strong push in
a direction.

18. We can use travel outside the
bands as an indication there was
conviction in the swing.

19. Remember, an excursion outside
of the channel indicates an
extreme from what was a
considered normal price action.

21. No Pullback

23. CONFLUENCE AND
TRADE TRIGGERS

24. We need a trigger to get into
the trade and there are many
tools that you can use.

27. The trigger chart is only
used for exactly what the
name implies.

29. 100%

30. Stop

31. TRADE TARGETS

32. Fibonacci Targets

33. We are going to take the
move into the extreme of
our pullback and project
forward in time to a
potential price target.

35. So many numbers…..
I only use a few

36. To keep things objective……
Bottom of structure for entry price
Stop price when low breached
Target price

37. This Keltner channel
trading system is not
complicated

38. Keltner provides
other opportunities