5 October 2014
You can’t predict the future, and no one can. Price can only do move up, move down, or move sideways. Losses in trading are just part of trader life. What is the current state of the market? How volatile is the market now? It does not matter what trading system you have the market remain the same. You either make profit or lost.
In trading, you either trade trend following or reversal. You either long (buy) or short (sell). The markets have not changed. The market were constantly changing, and the market are still constantly changing today.
Finally, what you trade is important. Either you pick a stock that move or the stock is not ready to move. MACD Scan is a way to identify stocks might move in the near or sooner future.
Moving Average Convergence Divergence, MACD oscillator, is a trend following momentum indicator that shows the relationship of two moving averages of prices action; the MACD line and signal line.
Three trading strategies:
- Trade the Breakout
- Trade the Trend
- Trading Tops and Bottoms
Four entry methods:
- Crossovers – Sell Strategy, MACD crosses below the signal line. Buy Strategy, MACD rallies above the signal line. It is advisable to wait for confirmation to reduce possible whipsaw.
- Divergence – The security price action diverges from the MACD. It signals the end of the current trend.
- Cross Zero Line – MACD moves above or below zero line. Upward trend: Cross above zero line, short MA above long MA. Downward trend: Cross below zero line, short MA below long MA.
- Dramatic rise or fall – MACD rises or decline dramatically – when the shorter moving average pulls away from the longer-term moving average – Oversold or Overbought.
30 September 2014, Tuesday Stocks Scan for Stocks closed greater than ten (10) cents
- Stock closed more than ten (10) cents and volume traded greater 500K
- MACD line crosses above MACD signal – Bullish trend
- MACD line crosses above zero line – Bullish trend
- MACD Histogram +ve Divergence – Bullish trend
- MACD line crosses below MACD signal – Bearish trend
- MACD line crosses below zero line – Bearish trend
- MACD Histogram -ve Divergence – Bearish trend
Ticker | Company | Date | Bias | Close | Vol.(K) | Screening Result |
E5H | GOLDEN AGRI-RESOURCES LTD | 30/9/2014 | Bullish | 0.515 | 35846 | MACD Cross-Up ZeroLine |
NS8U | HUTCHISON PORT HOLDINGS TRUST | 30/9/2014 | Bullish | 0.7 | 27539 | MACD Cross-Up Signal |
5MC | BENG KUANG MARINE LIMITED | 30/9/2014 | Bullish | 0.187 | 9439 | MACD Cross-Up ZeroLine |
L38 | LCD GLOBAL INVESTMENTS LTD. | 30/9/2014 | Bullish | 0.295 | 5539 | MACD Cross-Up Signal |
N2IU | MAPLETREE COMMERCIAL TRUST | 30/9/2014 | Bullish | 1.41 | 3076 | MACD Cross-Up Signal |
G18 | GRP LTD | 30/9/2014 | Bullish | 0.107 | 2744 | MACD Cross-Up Signal |
5IG | GALLANT VENTURE LTD. | 30/9/2014 | Bullish | 0.255 | 2440 | MACD +ve Divergence |
5OU | CHINA ENVIRONMENT LTD. | 30/9/2014 | Bullish | 0.179 | 1898 | MACD-H +ve Divergence |
A68U | ASCOTT RESIDENCE TRUST | 30/9/2014 | Bullish | 1.235 | 1595 | MACD Cross-Up ZeroLine |
5WR | XYEC HOLDINGS CO., LTD. | 30/9/2014 | Bullish | 0.235 | 1513 | MACD Cross-Up Signal |
SV3U | SOILBUILD BUSINESS SPACE REIT | 30/9/2014 | Bullish | 0.795 | 1478 | MACD Cross-Up Signal |
K01 | K1 VENTURES LIMITED | 30/9/2014 | Bullish | 0.188 | 1405 | MACD-H +ve Divergence |
O23 | OSIM INTERNATIONAL LTD | 30/9/2014 | Bullish | 2.63 | 1056 | MACD-H +ve Divergence |
Q5T | FAR EAST HOSPITALITY TRUST | 30/9/2014 | Bullish | 0.815 | 991 | MACD Cross-Up Signal |
N21 | NOBLE GROUP LIMITED | 30/9/2014 | Bearish | 1.3 | 412814 | MACD Cross-Down Signal |
5GB | SIIC ENVIRONMENT HOLDINGS LTD. | 30/9/2014 | Bearish | 0.171 | 12886 | MACD Cross-Down Signal |
C31 | CAPITALAND LIMITED | 30/9/2014 | Bearish | 3.2 | 11441 | MACD Cross-Down Signal |
C52 | COMFORTDELGRO CORPORATION LTD | 30/9/2014 | Bearish | 2.4 | 11126 | MACD Cross-Down Signal |
R14 | RAMBA ENERGY LIMITED | 30/9/2014 | Bearish | 0.5 | 4935 | MACD Cross-Down Signal |
D05 | DBS GROUP HOLDINGS LTD | 30/9/2014 | Bearish | 18.42 | 4371 | MACD-H -ve Divergence |
U11 | UNITED OVERSEAS BANK LTD | 30/9/2014 | Bearish | 22.4 | 2816 | MACD Cross-Down Signal |
S63 | SINGAPORE TECH ENGINEERING LTD | 30/9/2014 | Bearish | 3.65 | 2323 | MACD Cross-Down ZeroLine |
L03 | LIAN BENG GROUP LTD | 30/9/2014 | Bearish | 0.68 | 1122 | MACD Cross-Down Signal |
D8DU | FIRST SHIP LEASE TRUST | 30/9/2014 | Bearish | 0.103 | 807 | MACD -ve Divergence |
5AB | TREK 2000 INT’L LTD | 30/9/2014 | Bearish | 0.365 | 777 | MACD -ve Divergence |
N9LU | PERENNIAL CHINA RETAIL TRUST | 30/9/2014 | Bearish | 0.515 | 659 | MACD Cross-Down Signal |
30 September 2014, Tuesday Singapore Stocks Scan for Stocks closed greater than fifty (50) cents
- Stock closed more than fifty (50) cents and volume traded greater 500K
- MACD line crosses above MACD signal – Bullish trend
- MACD line crosses above zero line – Bullish trend
- MACD Histogram +ve Divergence – Bullish trend
- MACD line crosses below MACD signal – Bearish trend
- MACD line crosses below zero line – Bearish trend
- MACD Histogram -ve Divergence – Bearish trend
Ticker | Company | Date | Bullish/Bearish | Close | Vol.(K) | Screening Result |
E5H | GOLDEN AGRI-RESOURCES LTD | 30/9/2014 | Bullish | 0.515 | 35846 | MACD Cross-Up ZeroLine |
NS8U | HUTCHISON PORT HOLDINGS TRUST | 30/9/2014 | Bullish | 0.7 | 27539 | MACD Cross-Up Signal |
N2IU | MAPLETREE COMMERCIAL TRUST | 30/9/2014 | Bullish | 1.41 | 3076 | MACD Cross-Up Signal |
A68U | ASCOTT RESIDENCE TRUST | 30/9/2014 | Bullish | 1.235 | 1595 | MACD Cross-Up ZeroLine |
SV3U | SOILBUILD BUSINESS SPACE REIT | 30/9/2014 | Bullish | 0.795 | 1478 | MACD Cross-Up Signal |
O23 | OSIM INTERNATIONAL LTD | 30/9/2014 | Bullish | 2.63 | 1056 | MACD-H +ve Divergence |
Q5T | FAR EAST HOSPITALITY TRUST | 30/9/2014 | Bullish | 0.815 | 991 | MACD Cross-Up Signal |
N21 | NOBLE GROUP LIMITED | 30/9/2014 | Bearish | 1.3 | 412814 | MACD Cross-Down Signal |
C31 | CAPITALAND LIMITED | 30/9/2014 | Bearish | 3.2 | 11441 | MACD Cross-Down Signal |
C52 | COMFORTDELGRO CORPORATION LTD | 30/9/2014 | Bearish | 2.4 | 11126 | MACD Cross-Down Signal |
R14 | RAMBA ENERGY LIMITED | 30/9/2014 | Bearish | 0.5 | 4935 | MACD Cross-Down Signal |
D05 | DBS GROUP HOLDINGS LTD | 30/9/2014 | Bearish | 18.42 | 4371 | MACD-H -ve Divergence |
U11 | UNITED OVERSEAS BANK LTD | 30/9/2014 | Bearish | 22.4 | 2816 | MACD Cross-Down Signal |
S63 | SINGAPORE TECH ENGINEERING LTD | 30/9/2014 | Bearish | 3.65 | 2323 | MACD Cross-Down ZeroLine |
L03 | LIAN BENG GROUP LTD | 30/9/2014 | Bearish | 0.68 | 1122 | MACD Cross-Down Signal |
N9LU | PERENNIAL CHINA RETAIL TRUST | 30/9/2014 | Bearish | 0.515 | 659 | MACD Cross-Down Signal |
To read more on other posting:
2) After Great Recession! Moses’ Stock Analysis
3) Moses’ Stock Column – ComfortDelGro Corporation C52 Update
4) Moses’ Stock Column – Chart Worth a Thousand Words – BS6, YangZiJiang Shipbuilding
Stock trading is not a get rich quick scheme.
Thanks for visiting the site, AmiBrokerAcademy.com.
Moses
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