February 6, 2018
Look Left and Think Right
We do not spent time checking the company market news. But we spent our time reading the chart. See what the price action and chart has the message for us.
We look left and think right (future).
Have fun learning.
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. Thereafter slowly climb up, step by step.
^STI Straits Times Index and ABCD Patterns
Study chart; look left and think right. We can easily spot number of ABCD sell and ABCD buy pattern on the following example. See chart for more.
Have fun!
February 2, 2018 Straits Times Index and ABCD patterns
^STI ST Index and Channel
See chart price trapped within channel.
February 2, 2018 Straits Times Index and Channel
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.