March 5, 2017
Welcome to Moses’s Singapore Stock Analysis @ AmiBrokerAcademy.com.
We posted ST Index analysis over the weekend, how was your home work? Buy or Sell on Monday? What is your trading plan next week? Any Clue?
See below thumbnails on the last analysis.
March 3, 2017 The Straits Times Index 2015 to 2017
March 3, 2017 The Straits Times Index 2017
The Straits Times Index Analysis
Wait One More Day (WOMD) if you can not figure out what to trade! Picture worth a thousand words, PWTW 3,100 level seems a very good level to trade. Many bars jumping up and down off that level. First it resists the index, then it become support.
If 3100 level breakout low, and become resistance. Turn all your buy to sell strategy. However, if ST index get supported by the 3,100 level look for opportunity to go long.
But, but the current chart does not give you good or strong information on the bull or bear, so it has no risk to WOMD before you trade(buy or sell).
Remember, we are only sharing the experience and for the education purpose. We do not provide buy or sell signal, please seek your trade adviser for their expert advice. You are responsible for your own action. Trading is personal, even you have enter the trade at the exact same manner, you may not make money. Trading is not a get rich fast business like many have advertise. It needs a lot of hard work and good money and risk management. Have fun! Happy learning.
March 3, 2017 The Straits Times Index Analysis
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.