July 1, 2018
Thanks for visiting the site.
Shanghai Stock Analysis – Trade with Eyes Open
太化股份 Taiyuan Chemical Industry Co Charting and Sideways
To learn how to trade first is to understand the signals given by the chart.
The market can only move in two directions, either up or down. When the market is not moving in up or down, the market will move in sideways. Now watch the sideways carefully, as after a sideways movement, the trend will breakout. How long can a sideways last, no one know. An easy way to monitor for a breakout is to add a box over the candlesticks. As when the bar get outside of the box, the trend has breakout from the sideways. Of course all setup can fail. So, trade with eyes open
We also recommend you add an addition indicator to help in confirm your understand on the trend direction. We are going to show you the MACD indicator and chart. Have fun learning.
June 29, 2018 太化股份 Taiyuan Chemical Industry Co and Sideways
600281.SS 太化股份 Taiyuan Chemical Industry Co Stock Charting and MACD
Picture worth a thousand words, see chart for details. Manage your risk.
June 29, 2018 太化股份 Taiyuan Chemical Industry Co and MACD
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.