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HTML <html> <head> <title>Candlesticks Push Wheat Profits to Front Row Centedr</title> </head> <body> <h1>Candlesticks Push Wheat Profits to Front Row Centedr</h1> <div class="info">Author: <a href="author_1_117070.html">candleman</a></div><div class="body">In November 2006, the price of Wheat began a sustained rise which finally came to a climax in March 2008 after a parabolic upsweep. Since then, prices declined to a low in May 2008 and have bounced up and down, now to a low which is equivalent to the price level of November 2007. During the course of these advances and declines, astute traders have found significant opportunity for profit, whether the trend was up or whether the trend was down.<br /> <br /> In the last up-down sequence which appears to ending now, observant <br /> Traders who are knowledgeable about Japanese Candlestick technical analysis could have profited to the extent of $6,500 or more in the “up” portion sequence; and another $8,500 or more in the “down” part sequence. At the top of the upmove within the sequence, there appeared a classic “Shooting Star” pattern, following a gap, which no doubt led many traders to think that the strong advance was continuing and that it was time to get aboard the trend. Unfortunately, prices fell smartly the next day, in what was to become an insistent decline which continues until the time of this writing. Surely, those investors who went “Long” on the day of the Shooting Star were<br /> were scratching their heads in dismay and wondering how such an apparently good trade could turn bad so quickly.<br /> <br /> Had they known Candlestick technical analysis, not only would they not have gone “Long;” they would have given serious consideration to going Short with a contract, or a least purchasing a Put option. Those who did so profited handsomely.<br /> <br /> And now the sequence is about to begin again. Those traders who have their eyes open see the bottom arriving now, or very soon, and have protected their downside position as well as setting the pieces in place in order to take advantage of the next rise.<br /> <br /> The sequences never end. They come and go like clockwork – or, rather, like wavework. Get your “surfboard” out and waxed: sure as the waves of the ocean will be breaking on the shore tonight, the trend will turn up and we should be prepared to profit – one more time.<br /> <br /> </div> <div class="source">Article Source: <a href="http://www.articlealley.com/article_633186_63.html">http://www.articlealley.com/article_633186_63.html</a></div> <div class="author"> <div class="authorOccupation"><strong>Occupation:</strong> investor; retired attorney and corporate CEO</div> <div class="authorBio">The author is an experienced investor; a retired attorney and corporate CEO; the creator of the "Candelaabra" technical analysis system for use in all financial markets; and has passed the NASD Series 65 Investment Adviser exam. He publishes investment recommendations three times per week to help guide you to profit in the financial markets regardless of the direction of price trend. Find out more about making money in any economic climate. Free information and sample up-to-date recommendations are ready and waiting for you, without any cost or obligation, right here at ====> http://www.candlewave.com</div> <div class="authorUrl"><a href="http://www.candlewave.com" target="_blank">http://www.candlewave.com</a></div></author> </body> </html>
Text Candlesticks Push Wheat Profits to Front Row Centedr Author: candleman In November 2006, the price of Wheat began a sustained rise which finally came to a climax in March 2008 after a parabolic upsweep. Since then, prices declined to a low in May 2008 and have bounced up and down, now to a low which is equivalent to the price level of November 2007. During the course of these advances and declines, astute traders have found significant opportunity for profit, whether the trend was up or whether the trend was down. In the last up-down sequence which appears to ending now, observant Traders who are knowledgeable about Japanese Candlestick technical analysis could have profited to the extent of $6,500 or more in the “up” portion sequence; and another $8,500 or more in the “down” part sequence. At the top of the upmove within the sequence, there appeared a classic “Shooting Star” pattern, following a gap, which no doubt led many traders to think that the strong advance was continuing and that it was time to get aboard the trend. Unfortunately, prices fell smartly the next day, in what was to become an insistent decline which continues until the time of this writing. Surely, those investors who went “Long” on the day of the Shooting Star were were scratching their heads in dismay and wondering how such an apparently good trade could turn bad so quickly. Had they known Candlestick technical analysis, not only would they not have gone “Long;” they would have given serious consideration to going Short with a contract, or a least purchasing a Put option. Those who did so profited handsomely. And now the sequence is about to begin again. Those traders who have their eyes open see the bottom arriving now, or very soon, and have protected their downside position as well as setting the pieces in place in order to take advantage of the next rise. The sequences never end. They come and go like clockwork – or, rather, like wavework. Get your “surfboard” out and waxed: sure as the waves of the ocean will be breaking on the shore tonight, the trend will turn up and we should be prepared to profit – one more time. Article Source: http://www.articlealley.com/article_633186_63.html About the Author: The author is an experienced investor; a retired attorney and corporate CEO; the creator of the "Candelaabra" technical analysis system for use in all financial markets; and has passed the NASD Series 65 Investment Adviser exam. He publishes investment recommendations three times per week to help guide you to profit in the financial markets regardless of the direction of price trend. Find out more about making money in any economic climate. Free information and sample up-to-date recommendations are ready and waiting for you, without any cost or obligation, right here at ====> http://www.candlewave.com http://www.candlewave.com
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