Best Trend Reversal Indicator For Stock Trading

MACD indicator...
The histogram and the line crossing the zero level is a good reversal signal. Note that the zero level must be crossed by the two lines. If the histogram crosses the zero level but the line doesn't, you don't open a trade.


That means right now there maybe a downtrend confirming soon.

Singapore stocks opened generally higher today.

I have nothing to buy and nothing to sell.

Let's take a break.

Adrian's Journal
The rookie trader

Comments

Post a Comment

Popular posts from this blog

How to invest in Ethereum in Singapore - Opening a CoinBase Account

Image
I have been researching.  Every article points to Coinbase.  So let's go to Coinbase.com .  I'm doing this on my phone.  Let's get started with my Gmail. Entered my name and Gmail. Verified the application via email. Entered my phone number for the OTP. Entered my country, address, and birthday. Finally, my occupation and my ID images.  I can't log in before my ID is verified.  How long does it take to verify my ID? 6 minutes. I'm in. So there are 2 more steps. Add a payment method and Buy Crypto. I can earn free crypto too... "Invite a friend to Coinbase and you’ll both receive SGD 13.39 in free Bitcoin when they buy or sell their first SGD 133.94 on Coinbase!" Click this link to join Coinbase... https://www.coinbase.com/join/lee_ulp5 I have only one choice of payment method. Debit or credit card. There is a buying fee of 3.99% for Singapore.  I entered my credit card details. Oops! "Your credit card provider has disabled cryptocurrency purc...
Read more

Supertrend Trading Strategy - $15K/m Stock Trading #220404

Image
  A Supertrend Trading Strategy You Can Test https://www.netpicks.com/supertrend-indicator/ This intraday trading strategy will use two Supertrend indicators: Short term parameters of 10, 3 Longer-term parameters of 30,9 The rules for the Supertrend trading strategy are simple: Trade in the direction of the longer-term trend.  This example is an uptrend and traders will ignore all short trades (turns red) Enter long  trades when the short term indicator  flips back to longs (turns green).  Entry can be at the next candle open, break of highs, enter at the close. Trail the stop loss on the short term Supertrend line once price advances We take our stops because we don’t know if the price is about to flip to shorts and we don’t want to give back too many profits. https://youtu.be/6fG_TP269W8 What stocks to buy today?    Buy DJIA and S&P500 stocks.  undervalued PEG less than 1.5,  uptrend above 200MA, when going down and about to bounce...
Read more

Predict Market Turning Points! Fibonacci Trading Of Stocks...

Step-by-step videos show you how to pre-determine the highs and lows just the way the pros do! This video course will teach you the same techniques that professionals use for predicting market turning points. DOWNLOAD THESE VIDEO SEMINARS TODAY! Here's what you will learn in the video courses: How to calculate probable future turning points. All about retracements: what, where and why. Extensions and expansions for taking profits. Entry and exit levels, and stop placement levels. Where buyers are likely to support the market. Where sellers should be taking profits. How to apply Fibonacci analysis to the market. How to determine the stronger support/resistance levels. How to determine entry and exit levels for maximum potential. Where the high probability trades are. How to adjust for all time frames and all markets. Stacking the odds in your favor. Which Fibonacci levels are more likely to turn the market. Fibonacci use from intra-day to longer-term trading. DOWNLOAD THESE ...
Read more