This is a manual trade that I took on the 3 minute chart of the ES today. It was a day that did not offer up any valid standard trade setups. If I had not been attending John and Steve's member trade rooms I would not have know how to find an advanced setup like this and how to play it.

The day started with an inside gap up. Seven bars later there was a bearish engulfing bar inside the 15 minute DP of the previous day. Going short seemed logical after the previous day's sell off. The 15 min DP was right along the 1400 figure. Price was below and looking like it was going to reject it.

My original target was a decent 5.9 R at the 15 min DP below. Before price hit the target I was able to identify an up wave 4. Using the software I found the projected down wave 5 as a new target for 10 R. After a while I wasn't confident that it was gong to make it and closed the trade on a limit order at the original target. Later price did make it to the wave 5 target.