August 10, 2017
Elliott Wave Principle Is Not the Only Method to Trade
See below for more.
No Right No Wrong
There is no right no wrong in trading.
J85 CDL Hospitality Trusts and 34 MA Band
See chart for more, picture worth a thousand words.
MA is a great visual tool, See the price action either above or below the MA, MA Band. When price action above MA, bullish. When price action below MA, bearish.
You should buy when bullish, it will be lower risk to enter trade near the MA, when price action get supported. For sell, do the opposite.
But remember, trading is high risk, Even when low risk, you still can fail. Trading all probability. So, do not play play, if you do not understand get a professional to help you. Enjoy learning.
August 8, 2017 CDL Hospitality Trusts and 34 MA Band
J85 CDL Hospitality Trusts and MA
See chart for more, picture worth a thousand words.
MA, Moving Average. It is common to use three MA, find the golden cross or dead cross. Again, MA is a great visual aid for bullish or bearish trend.
When price action flying and bouncing up MA, bullish. Buy to follow the trend, or sell to counter trend. Remember trading has no right no wrong, you have to look at the context of the chart to understand your risk level.
August 8, 2017 CDL Hospitality Trusts and MA
J85 CDL Hospitality Trusts and MACD
When you could not figure out the trend, try add MACD indicator.
When price action continue to form higher high, but the MACD is forming lower high. Watch out, trend changing.
See chart for more, the price action has begin to move sideways.
But, all setup can fail. So, manage your risk.
August 8, 2017 CDL Hospitality Trusts 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.