my trade

http://img833.imageshack.us/img833/7789/wait.png

http://img90.imageshack.us/img90/3394/yeng.png

unbelievable she is turning

http://img185.imageshack.us/img185/821/yen2.png

close it my self

http://img829.imageshack.us/img829/8337/81901326.png

one or two pips profit target is attainable using this set up i believe !
but using it deligently

ok guys im out of here , perhaps watching the chart for few minutes then im off to bed , Ciao!

Very nice trade Ben

The price line before your entry looks like one of the reversal patterns you illustrated once before.

thats correct ! the reversal pattern i posted somewhere but now i add the "zoom out" so i can see where the support and resistance are and the wave offcourse.

i enjoy reading your and daniel email and chart, thinking and learning practising and observing thanks a lot!

i'll let you guys know if i though i find something ... great stuff!!!

Magic,

i like this setup of yours


http://img412.imageshack.us/img412/2420/50796398.png

i got some


http://img830.imageshack.us/img830/3900/84909270.png

fingercross


http://img716.imageshack.us/img716/2586/26375959.png

yep its worked

this one also worked really well


http://img228.imageshack.us/img228/7222/75749780.png

http://img641.imageshack.us/img641/2515/49080892.png




ciao!!

Hello Ben,
I have question about the rope. In this chart we see the first trade would of been long because the slope is up. And the second trade would we take a short if it broke down because the slope is down?

Thanks

ps. still learning, hope i am doing it right.

Nice chart google!

One thought for you - remember the slope we want to trade will only form when price is making it's break, so if in doubt wait for a clear slope to form.

On your second area I would be waiting for a break in either direction, but anticipating a break upwards. This is because the Lower highs were broken (our first warning), and then the lower lows were broken (our second warning), we actually have an inverted head and shoulders formation - good indication of reversal. By waiting we then get that nicely curved slope occurring and the break.

Thanks Ben, enjoy reading your posts.

anyone got the bubble?

http://img137.imageshack.us/img137/6428/15517063.png