September 16, 2017
We like to look back to see our past analysis with the actual results. We see fail analysis, we see sound advice. We use basic technical analysis tools and technique to read the chart and predict the possibility outcome.
We always advice traders, or readers to take responsibility on their trade and understand the objective of taking the particular trade. Of course the bottom line is to make money and more money. All must agree that making money is not an easy task. One of my friend told me, if I have can make twenty dollars a day I am satisfy, as one only need five dollars for my breakfast, five dollars for my lunch and may be ten dollars for my dinner. So, my objective is to make twenty dollars a day.
Everyone has a different living objective. By having another LV (Louis Vuitton) bag, or another Ferrari would not make you life any happier or you any healthier. Don’t know, may be more stress, and may be health alarming.
Source: Photo taken from Internet google search.
Source: Photo taken from Internet.
Why Trade Retracement?
Google some of the work done, chart analysis on AMZN, Amazon.com and thought it might be a good proof on why we keep reminded everyone to trade retracement. See the earlier posting and the comment below for more. Enjoy your hard work during the weekend. Have fun!
Amazon.com Inc the First to Break $1000 | Moses Stock Analysis
May 3, 2017 Amazon.com Inc 1999 to 2017
What We Believe in – Trade Retracement
On the chart here, we suggested that to trader to consider retracement to ride the breakout in one thousand dollars.
We saw a potential of the stock, amazon.com stock price to break the One Thousand Dollar mark, but to buy high and waiting to sell higher is a too costly, a very costly business. In fact, many may not realise that trading is basically a business activity. To have a better profit margin and lower cost in holding on to the stock is to buy low and sell high, and not buy high and sell higher.
This is what we look back after a few months after Amazon.com really breakout higher than one thousand dollar ($1000). See the enclosed chart for more.
Amazon.com and Retracement
Picture worth a thousand words, see chart on retracement. It is easy said than done in trading retracement. Have fun!
You see how much lower cost and lower risk you can maintain in your trading style. Enjoy learning.
September 14, 2017 Amazon.com and Trade Retracement
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.