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Alan, your chart includes note "2 outside day continution Buy signals". Would
you care to explain this? Thanks.
Earl
-----Original Message-----
From: Alan Sears <asears@xxxxxxxx>
To: realTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Friday, March 06, 1998 3:44 PM
Subject: Re: Gen: Futures - Canadian Doller H&S
>BrentinUtahsDixie wrote:
>>> Does anyone besides me see a well developed Head and Shoulders(H&S)
in
>> Canadian Doller? Since the 19th of G (Feb) it has been coiling(a possible
>> bullish flag). Volatility is relitively low. I see a June neckline at .7048
>> with a possible taget of .7273. I count 5 complete down waves from the
>> October High and Momentum on the rise.
>
>Yes, looks like a very good buy
>Wave 1 was a perfect 50% retracement
>First target is the 100% extension at 71.33 then ultimately
>the 1.618 extension at 72.58
>I'm currently long @ 70.26 after the 70.20 level held on the
>test of the lower regression channel (June contract)
>
>Good trading
>Alan Sears
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