August 15, 2017
Remember Elliott Wave Principle Is Not the Only Method to Trade
Remember Elliott Wave is not all, although Elliott Wave count gives you an opportunity to consider a trading possibility. There are many method in technical analysis.
The posting here share with you others perspective. Enjoy learning.
No Right No Wrong
Also there is no right no wrong in trading and all setup can fail.
D05 DBS Group Holdings Line Chart and Elliott Wave Count
If you can not count the wave in such as candlestick chart, change it to line chart. See below for more. Quite frequently, you should be able to count the wave much easier. Have fun!
August 14, 2017 DBS Grouop Holdings and Elliott Wave in Line Chart
D05 DBS Group Holdings Elliott Wave Count Since 2012
How many Elliot Wave can you find in the following chart? Will, for sure there are many. The following is just a few obvious one. Have fun!
August 14, 2017 DBS Group Holdings and Elliot Wave Count From 2012
For Sure Counting Wave Is Not All in Technical Analysis?
See below for more.
DBS Group Holdings and 34 MA Band
Watch the price cross down below 34 MA Band. Means what?
August 14, 2017 DBS Group Holdings and 34 MA Band
DBS Group Holdings and Channel
Channel is a great visual tool for trend. See channel slopping from bottom left to top right. Bullish.
Question? Any trader keep a channel that long? And draw in the following manner. Do you? Have fun!
August 14, 2017 DBS Group Holdings and Channel
DBS Group Holdings and MACD
Picture worth a thousand words. See chart the MACD Cross Signal, beside you also see MACD Histogram is below zeroline. These are bearish sign. Now, let wait to see will the price action forms a double top, if you let map with Gartley pattern in trading the top. Enjoy learning and have fun!
Do not jump and all in, all setup can fail, manage your risk, your trade.
August 14, 2017 DBS Group Holdings and MACD
Thanks for visit the site here. You could also find free MACD scan here in this site too.
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.