January 19, 2018
Quote of the Day – Only Timing
Some say market is up and some say market is down. If you walk around in the market place, all the retailers will complaint that the market is very weak, no buyers. Why? One possibility the majority save their money to buy stocks, they are willingly keep themself hungry and don’t eat to save money to buy stocks.
Singapore Stock Analysis
STI The Straits Times Index and DXY US Dollar Index Future Correlation
Study the following chart and tell me, what is your trading plan? You have buy plan for this year, or you are ready to empty your portfolio sooner possible.
Either way, you could be wrong, I mean buy or sell plan. Why, the market does not move in straight line, even when bullish trend you buy you still can lost your pants if you got in at the wrong timing. A very wrong timing mean when market is preparing for a big big push. You buy at the start of a big pullback before the actual push up again. So, trade with eyes open. Watch all the signs and signals.
Picture worth a thousand words, see chart and think. Rememebr, think think (think more) and got more things. Have fun!
Manage your risk.
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below.
January 19, 2018 The Straits Times Index and US Dollar Index Futures Cash Correlatoin
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.