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- dobbie11 replied Jan 11, 2007
The Flat — Yesterday I stated that we were in a flat, Which I still beleive. I was incorrect in my count on the triangle for the Frank & London opens today and I should have know better and realized that Wave B of the flat was over. My ...
Daily Cable Analysis
- dobbie11 replied Jan 11, 2007
I was hoping for a solid retracement down to 460 but it is to jumpie for right now so I will wait if not then just take it easy the rest of the day.
Daily Cable Analysis
- dobbie11 replied Jan 11, 2007
did good I made 21 pips on the move up, got in late at 475 closed at 400. Staddle the Interest rates at 410 & 350. Close the the long at 525 MM LINE 8/8 and went sho5t at 520 and just closed at 495. Now I will wait. total 153 pips. Not bad.
Daily Cable Analysis
- dobbie11 replied Jan 11, 2007
Good Call L. Guess my triangle got breached early or my count was off. Low time frame triangles ar a bit harder to count. Hats off to ya !!
Daily Cable Analysis
- dobbie11 replied Jan 11, 2007
I read them But I think charts would be easier with a bit of text. Maybe confusing some people and being that the we are looking for trades no time to really focus on it the way it needs to be. Just my imput.
Daily Cable Analysis
- dobbie11 replied Jan 11, 2007
oh one other thing if it breraks 380 look for 420 - 435 and then down. Just means that this low is wave B of the flat. Just some options to consider
Daily Cable Analysis
- dobbie11 replied Jan 11, 2007
350 to 380 max wave can and sometimes will overshoot the channel. May happen during the news. the projected down move is 292 t1 , 280 & t3 260 breaks that and down big time. My Long target is 505 , 545 & 575 then down
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- dobbie11 replied Jan 11, 2007
no problem. I don't mind posting. But I hate typing and I spell Like Sh**
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- dobbie11 replied Jan 11, 2007
Triangle count — here is what I am in reference to Wave E is getting cut off. But it is on top of the channel and normally after E is down. Normally.
Daily Cable Analysis
- dobbie11 replied Jan 11, 2007
look for the frankie up move then I guess the London short.
Daily Cable Analysis
- dobbie11 replied Jan 11, 2007
1 lot = $10.00 right..... well a 1/2 of lot = $5.00. that is $15.00. I do that because I have 3 different targets and close 1 at a time as it hits my targets
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- dobbie11 replied Jan 11, 2007
one other thing of interest. this will break the upward channel from ( 10/16 to 11/17 lows ) on the daily. But it will not break the downward ( 12/18 to 1/5 ) on the daily.
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- dobbie11 replied Jan 11, 2007
now down , one more up move here to. Then its up to the news in 2 1/2 hours
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