February 11, 2018
In Life If You Face a Challenge Like the One Below
You are driving along in your car on a late stormy night. You pass by a bus stop and you see three people waiting for the last bus. An old lady who looks as if she is sick and about to die. An old friend who once saved your life. A perfect woman you have been dreaming about. Which one would you choose to offer a ride to, knowing that there could only be one passenger in your car?
In trading you often face with problem like this, you could only take one trade. Just like the problem I just described. What is your thinking process in choosing your trade. Or in the above case, who will you give the ride.
The following is just one of the possible solution.
You could pick up the old lady, because she is going to die and thus you should save her first. Or, you could take the old friend because he once saved your life and it would be the perfect chance to pay him back. Or you may never be able to find your perfect dream lover again.
One solution may really be stands out.
Give the car key to your old friend and let him take the old lady to the hospital, and you stay behind and wait for the bus with the woman of your dreams.
See always think outside the box. The best solution that you could stands a all winning situation.
What is your choice? Think Think and Got More Things.
The Bottomline – In Trading There Are Many Approaches to The Same Answer – Making Money
US Stock Analysis
CELG Celgene Corporation and ABCD
CELG has a bull run, the AB leg since 2014. A pullback BC leg end in 2016. The stock price has a bull run again from 2016 to 2017 to complete the CD leg.
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.
February 9. 2018 Celgene Corporation and ABCD Patterns
CELG Celgene Corporation and Fibonacci Level
To help to understand ABCD pattern, Fibonacci is a great way to determine the move of the price action. See chart for more.
February 9, 2018 Celgene Corporation and Fibanacci Level
CELG Celgene Corporation and Analysis
A technique to take a trade is when a trend fail, follow the momentum to drive the wave. See chart for more.
February 9, 2018 Celgene Corporation and Bull Trapped
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.