CLOWNS TO THE LEFT OF ME.. JOKERS TO THE RIGHT. Message Board

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Pastimes : CLOWNS TO THE LEFT OF ME.. JOKERS TO THE RIGHT.

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To: coug who wrote (142)	8/15/2000 12:48:44 AM
From: IndexTrader	Read Replies (1) of 306

Coug, I should probably explain my earlier message to you. I tend to trade mostly based on patterns and how bars/candles relate to one another in different time frames. It is very subjective, but it works for me. As far as the Dow/Naz patterns I mentioned, I notice that quite often the very large, significant patterns on monthly/weekly charts tend to repeat on smaller time frames (& vice versa) and there are often fibonacci relationships in both time and price. Lately, I started working with ewaves, and I am discovering how the patterns relate to the waves. It is very interesting. As far as indicators, I use the ITBM (my favorite), the McOsci, Trin, Tick, ADX and MACD (5,35). Thats about all. One of these days I need to expand on those. Perhaps you will be able to give me some suggestions. Also, I like position trading. I like to keep positions for as long as I can. It doesn't help that I never get up before 9:30 Pacific time. I would die as a day trader! Anyway, hope you have a good day tomorrow. Susan

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