26 August, 2018

Singapore Stock Stories

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Another Sideways Example – SunningDale Tech

If your trading strategy is buy support and sell resistance. See chart, the price action is in sideways. When you trade sideways, you buy near the high of the box and take profit near the bottom of the box. But, but if the box is too narrow, then the risk is higher. Trade with your eyes open. 

Remember, every trader see the chart differently. So, trade with your own believe. Have fun!

Manage your risk.

August 24, 2018 SunningDale Tech and Sideways

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.