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Direxion Daily Financial Bull 3X ETF Message Board

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  • gapdownsouthretires417 gapdownsouthretires417 Nov 12, 2009 9:18 PM Flag

    Question about Day Trading and Chart Patterns

    NO PROB i'm trading options these days so i'm doing alot of waiting and mostly post to take away the boredom.

    if a post can't be understood often it MEANS NOTHING just yappin.

    if it can be read understood and has numbers WELL there is significance to the post but then one needs to adapt the timing to the numbers. because i'm not calling day trades when i post numbers.

    i've been buying out month options for weeks now i have nothing but time.

    watch the reits because i believe that the iyr just completed it's 2 back today and should go into a 3 that has a 23rd to 27th meg channel lower target in the 34 to 32 range.

    NOW we shall c how sharp my call is now that i've got a closer bead and read and have now LAYED off some positions today TO THIS THOUGHT to capitolize potentially on a fast short term trade TO marry up with my longer term stuff in the sector.

    same for lvs targeting 12 to 11 AROUND same date or sooner. AND put the short term cash to work again. waited a few weeks for this set up PATIENTLY lol

 
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