April 7, 2017
Moses Stock Trading Blog Site – AmiBrokerAcademy.com
Thank you for visiting the amibrokeracademy.com blog site gives you more trading ideas.
Welcome to Moses’s US Stock Analysis @ AmiBrokerAcademy.com.
It does not matter which market, the strategy and the technical analysis is the same. Of course some additional information with certain market will make you more advantage than those whom are not familiar with the market.
Even if this is not your market, just read the analysis. You may suddenly light up your light bulb. Have fun! And enjoy learning. Many of the stocks pick are household name, like apple, ibm, goldman sachs, intel, lenovo, zte and so on.
BABA Alibaba Group Holding
In stead using channel, we can use support and resistance. Picture worth a thousand words. You see the yellow box bound the price action until it breakout. Then the next level the purple box. Again the price is bounded by the box.
So, the price is moving in a level manner. Layer by layer.
BABA and MACD Indicator
Add MACD indicator, MACD is a good choice.
What have you got from MACD Indicator? Remember, there is no right or no wrong. We only have good trade or bad trade. A bad trade could still make money, likewise the good trade can cost you an arm or leg too. As trader you know what do I mean.
Here, we add the chart pattern here too. You probably see a flag pattern, the bullish flag pattern. This could be all come true. Depending on the timeline, The flag pattern could complete and the trend also ended thereafter. So, trade what you see.
BABA Alibaba Group Holding and Channel
Choose your trading strategy, trade breakout, trade withing channel (buy low channel, sell high channel), trade counter trend, trade trend continuation. There are many choice here, that is why when you see uptrend, and buy up, but some trader will sell. At the end, it is either you take money from my account or I take from yours.
Warning
Remember, trading is not a get rich fast business like many have advertised. It needs a lot of hard work and good money to manage risk.
Alice in wonderland, as Deepak Chopra always suggest, remember to remain childlike. Children will always amazes you on their encounter.
Trading has new adventure with the market remains unknown do not be blinded by anything you hear. Do you see forest or tree. Here we suggest you do not trade childlike, without being taught “fear”, do not know the limit like. Be aware, the market may look “sweet” but full of traps.
All traders must stay vigilant and trade carefully.
Picture worth a thousand words. It is your fate if you are here for the first time.
Happy learning.
Moses US Stock 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.