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Direxion Daily Financial Bull 3X ETF Message Board

  • gapdownsouthretires417 gapdownsouthretires417 Nov 1, 2009 2:26 PM Flag

    maxine i use 120 bar counts to figure out

    what the oscillator signal should do

    many use 140 to 150 bar counts

    so it's not guessing its being patient allowing the chart to set up and knowing where to start expecting the signal to kick off. and doing nothing until the signal does what your looking for.

    hope this helps.

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    • Thanks Gap. God I wish I really was 35.... But I "bumble along". You are a good guy. Thanks for taking the time...

      • 1 Reply to maxine_h
      • i wish i was was back in my 20's

        but i'm gray to long before my years.

        but got a wife 19 years my junior and a 3 year old boy with a little lass on the way.

        they'll be calling me grandpa in their teens LOL

        atleast their friends will think i'm their grandpa instead of dad.

        life is beautiful when we try and help others.

        basically the counting of bars is what you use patiently to figure out when the trend should be ready to change. if bearish if one counts 120 bars out meaning months THEY'LL know when to expect trend to shift back the other way.

        and vice versa TAKES PATIENCE but just what us swing trader and position traders need PATIENCE.

        one day the financials will get healthy again and when that time comes they will no question be the investment of a life time. but that will be a time when the government isn't in them, that will be a time when the names change of many and they'll be healthy and we as a people will feel healthy as well.

 
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