1 March, 2020
Welcome!
Welcome to AmiBrokerAcademy.com. Thanks for visiting the site.
As we said, there were already signs before the stock market decline. These are all printed on the charts.
Therefore, if you are a Technical Analyst, you already know and anticipated. Whether you trade or not, it is another question.
We had posted number of charts demonstrated the reason why the price action will decline. Check out our recent posting. on the MACD, MACD Divergence.
We would not give you fish, but show you how to fish.
Crystal Ball
MACD, MACD divergence is a crystal ball for many of the Divergence traders.
But, do remember, all set up can fail. As told you before (if you are this site regular reader), MACD Divergence is like traffic light, signal you there is a possible change in traffic flow.
Have fun!
^XAU PHLX Gold and Silver Index Charting
Study PHLX Gold and Silver Sector Index stock chart price action, MACD Divergence.
See chart, picture worth a thousand words.
Manage your expectation.
Remember to trade what you see and not what you think.
Divergence
To learn more about divergence or patterns, you can read more from babypips website.
Manage your risk.
When to Buy Again?
Wait till the fall is over or the completion of CD leg. But CD leg sometime long, and sometime short.
Moses Stock Observation
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.