| This is one of those books that is an essential for all | | | | on gaps. I love trading gaps; many traders hate them |
| traders we all know technical analysis can work and | | | | and think it's dangerous to trade them. I have always |
| forex charts are a great way to make money - but | | | | made money with them and learned something new |
| which 7 chart patterns consistently make money? | | | | from Ed Downs ideas on them. |
| That's the subject of this book and its essential | | | | Applying knowledge for Profit |
| reading for trader's both novice or pro. | | | | Downs doesn't just share his info on the chart |
| Omni Trader founder Ed Downs reveals the 7 best | | | | formations, he also goes into detail on how to spot |
| formations and the reasons why. | | | | the formations and profit from them using correct |
| What attracted me to the book was some of the | | | | market timing. |
| chart formations he picked and saucer formations | | | | The books also shows you how to Master money |
| caught my eye. | | | | management techniques-including setting Profit |
| When I first started trading 25 years ago, I used | | | | Targets, Stop Loss levels and how to determine the |
| saucers as a cornerstone of my trading arsenal and | | | | risk/reward for each and every, trading signal you |
| still do - but how many traders use them today, or | | | | place. |
| even know what they are? | | | | Today, traders don't want to just trade chart |
| Not many, yet it's a powerful formation and learning | | | | formations, there seen as old school by many - but |
| to use it correctly, is worth the price of this book | | | | there not. |
| alone. | | | | We all know human nature is constant and this |
| 7 Chart Formations for Profit | | | | means that certain chart patterns repeat and repeat. |
| I personally don't agree with all his chart patterns (6 | | | | Some of course are more reliable than others and |
| of them I do though!) but the book itself is a great | | | | this book tries to give you the best ones and how |
| idea and most of the chart patterns I have been | | | | to make money from them. |
| using for years and they have consistently made me | | | | Personally I liked 6 out of the 7 and gaps and |
| money too. | | | | saucers, I have used for years yet the book taught |
| The book covers the following formations: | | | | me new things about these chart formations and also |
| Support and Resistance, Trend line Break and saucer | | | | gave me a greater insight into the others discussed. |
| formations Fibonacci retracements gaps -breakaway, | | | | Get this book - it's not strictly a currency trading |
| measured, exhaustion, volume climax, volume trends | | | | book and is applicable to all traders. |
| and consolidation patterns - flags and triangles. | | | | Get 7 Chart Formations That Consistently Make |
| An Under Rated Formation! | | | | Money and will find that your increased profitability |
| I found all the above interesting, helpful and | | | | will pay for the book in just one trade. A great book |
| informative and in addition to saucers liked his view | | | | for any traders library. |