InvestorsHub Logo
Followers 231
Posts 15944
Boards Moderated 1
Alias Born 08/20/2013

Re: david29 post# 20231

Monday, 08/18/2014 1:49:57 PM

Monday, August 18, 2014 1:49:57 PM

Post# of 48316
Good luck to you too, David 29. sounds like you have a decent read of your trading system. thats all that metters ,if it works what you do , then dont bother with trying to understand what I'm looking at. My focus involves using many tools, from elliott wave,on many time frames(fractals of different size), and complex use of indicators and tools, that would sound convoluted to describe here.
For me, as a long term, and swing trader/ investor, I use longer term charts with larger wave structures. and unless I'm mistaken, I think most people here do not day trade ONCS , they are long term holders. many dont even like the idea of people like me, talking about selling a little at key technical resistance points. Ive been whacked for making those kind of calls. but its all ok.
there is day trading, and swing trading, and whatever works is ok by me. good luck. we just need to be clear in describing the different approaches. yours is ok if it works for you. mine works for me. or
I do believe ONCS and other biotechs can be analyzed starting with charts in all time frames.