InvestorsHub Logo
Followers 43
Posts 4879
Boards Moderated 6
Alias Born 01/19/2012

Re: sharpshorts post# 232

Saturday, 05/13/2017 3:06:53 PM

Saturday, May 13, 2017 3:06:53 PM

Post# of 353
On NGD I meant to say...it's currently Over/Bought

By now you should understand I'm basically a perma-bull, I almost always just 'see' bullish patterns and signals. I don't have a good feel for spotting the bearish stuff. My musings are based strictly on the technicals I get when looking at a chart.

I don't even know what NGD does.

I use the same technicals in my real trades. I trade only the e-mini index futures, I only take LONGs and on a VERY short term basis (in-and-out in less than 5 minutes usually)
With the above in mind, I no longer need to be concerned with fundamental analysis, i.e. what a company does or if they are any good at it..

I contend that chart patterns are the same whether you trade equities, futures or what-ever. They continually re-appear whether you look at weekly, daily or intra-day charts.
AND
they have been doing so ever since charting was invented.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.