February 28, 2018
What’s Your Objective?
Why you trade? Objective is to make money. Then manage your risk.
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below. Thereafter slowly climb up, step by step.
US Stock Analysis
COLM Columbia Sportwear and Fibonacci Retracement
Do you think I know the answer? No. I only approach the chart step by step. Just the the analysis below, first I take the swing high to low, since high is the nearest to the left of chart, and low is somewhere in the middle of the chart.
From there will decide the tools is useful.
Manage your risk!
20180226 Columbia Sportwear and Fibo Retracement Swing High to Low
COLM Columbia Sportwear and Fibonacci Extension
Study chart for more, picture worth a thousand words. Take a swing low to high, from the low of 2015 to 2016 high, draw a Fibo extension, the price action hit and breakout higher than 161.8%. The price action is higher than the 2015 high of 74.
Manage your risk!
20180226 Columbia Sportwear and Fibo Extensioin Swing Low to High
Moses US Stock Analysis
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.