If you are a forex trader, you can often see a very strong correlation between certain forex pairs. If you are a stock trader, you will notice that companies within the same industries and sectors, or which are based in the same country, often move together over long periods. The iSAP is a professional FOREX scanner, that can alert you when important chart events occur. It also has a sophisticated feature to anticipate important events that may occur shortly before they happen, and give you an early alert.

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After my daily analysis I set the iSAP to look for setups in my trading direction and the time frames that I trade in.

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Another bull elephant bar shortly followed bar 3 , and could have been traded very effectively as well using the iFundtraders Bull Elephant bar trading strategy.

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