December 9, 2017
Do You Know?
In Ed Seykota opinion, … he don’t think traders can follow rules for a very long. At some point, trader has to change and find a new rules that he can follow.
Ed Seykota Believe
Ed Seykota believe is trade has to constantly evolve and growth.
601801.SS XinHua Media 皖新传媒 Charting
Study XinHua stock, use a two years chart for the learning. We see a very perfect bell curve, low to high to low. Use year high year low as key support resistance. 2016 High near 2017 High, 2016 Low near 2017 Low. …
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software.
XinHua Media 皖新传媒 601801.SS and MACD Indcator Charting
See chart, MACD Histogram forms lower high, the price forms higher high, watch for a trend change.
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.