August 26, 2017
Non-Random Walk and Random Walk
We recently bring up the topic on random walk and non-random walk. To many traders these could be Greek to them. Me too. No right No wrong. It does not matter whose is more right than the other. Which i tend to also agree with Burton G. Malkiel’s point on he argues that throwing darts at a dartboard is likely to yield results similar to those achieved by a fund manager.
But, if you are a technical analysis you analyse chart and plan for a trade. Your basis are looking for familiar pattern. I should be on the opposite camp of Burton Malkiel.
DNKN Dunkin Brands Group and Support Resistance
Picture worth a thousand words. See chart for more. We zoom out, we see resistance turns support. So, random walk no non-random walk there aren’t much to worry about. Have fun!
Thanks for visit the site here. You could also find free MACD scan here in this site too.
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.