This was a nice little trade. Notice you can trade pattern/channel breaks with a tiny stop loss if you wait for the re-test.
http://i288.photobucket.com/albums/l...f?t=1291889969
http://i288.photobucket.com/albums/l...f?t=1291889969
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DislikedOK here we go. Totals for the day, 0, -11, +22 = +11
Trade 1 was posted earlier. Trade 2 went short on the triangle break, went briefly into profit while I was holding for the daily pivot. Didn't quite make it and was stopped out the other side of the triangle. Trade 3 was a break of a longer term bearish channel. I jumped the gun and got in at a poor price (48) but the exit was spot on at MR1. That would have made a nice stop and reverse but I was not quick enough.
http://i288.photobucket.com/albums/l...pes/chart2.jpg...Ignored