9 October 2018
Singapore Stock Stories
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^STI Straits Times Index Charting
Study Support Resistance and Apply Buy Low Sell High Strategy
To maximize your profit and minimize risk is to apply buy low sell high strategy, in order to apply the strategy you have to identify the support resistance. Study Straits Times Index chart, picture worth a thousand words, see price action goes below last period, last September. If stock index is a benchmark of the country economy, so when the index is lower than the same period. That means current is worst than the previous. Will see.
Trade with eyes open.
Manage your risk.
October 9, 2018 Straits Times Index Lower than same period
If you can see the whole chart, “press Ctrl and -” to zoom out.
We believe in financial, the market remember. See chart, last resistance now the current support. So, don’t play play. Always look left, and resistance can be an important clue for the present market prediction. Trade with your eyes open, manage your risk.
October 9, 2018 Straits Times Index Support Resistance
Moses
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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.