October 13, 2017
Microsoft Corp MSFT and ABCD Sell Pattern
As picture worth a thousand words, see chart for more. If you can always success in ABCD sell; sell at D, not bad. Don’t you agree with us? Have fun!
Microsoft Corp MSFT and Support Resistance
As picture worth a thousand words, see chart for more.
Microsoft Corp MSFT and Channel
As picture worth a thousand words, see chart for more.
Microsoft Corp MSFT and MACD Divergence
Picture worth a thousand words, see chart. All setup can fail, remember. In all cases, enter the trade when there is confirmation happen. From the chart, you can see MACD divergence showing there is trend weakness, but soon the setup fail. Imaging the market forces are so strong to change it around each time.
As said, professional trade retracemet. So wait, wait for the retracement.
So, trendline does give you the protection on not jumping when MACD divergence happen. Enjoy learning
Moses
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.