February 3, 2017
Moses Stock Trading Blog Site – AmiBrokerAcademy.com
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Welcome to Moses’s US Stock Analysis @ AmiBrokerAcademy.com.
Watch what you trade. Setup failure may well be coming up and they may be rather violent. If you find yourself in an atmosphere that is too traditional for you, don’t worry it is acceptable. Simply make the necessary risk reward management. It doesn’t matter so much what you do as that you do it. It is important that you take action, otherwise you will become increasingly irritated on the setup failure.
^GSPC | S&P 500 2017
S&P 500 has a MACD cross up signal and follows a MACD cross down signal. GSPC breakout after on 1/23. So, what’s your plan? S&P 500 stay above the key level for seven (7) days.
As long as the price action do not close below the key level, you can be sure it is bullish for now. The market is volatile, so trade what you see.
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.