10 April, 2018

Stay Away From News … Almost Impossible These Days

In forex, a strategy is to trade before news. This is to getting in ahead of the move. This is crucial especially for forex trading. But, but if you have keep up with the recent market, you will realize. It is almost impossible. Everyday there is something, and the release of news cause the big move not just US market, but global market too.

US Stock Chart Analysis

^BKX KBW NASDAQ Bank Index and MACD

After we see the analysis at end March for Bank Index, we MACD indicator has to say. Picture worth a thousand words, see chart for MACD signals. The MACD is below zeroline, bearish bias.

Manage your risk!

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. Anything, finance ticket you could download from Yahoo! Finance you could plot them, those you are interested all in a chart, so you could analyse them. 

March 29, 2018 KBW NASDAQ Bank Index and MACD

Moses US Stock Chart Analysis

AmiBrokerAcademy.com

Disclaimer

The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.

These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.