Hello uloggers! I am 
First off, I do the usual social media tasks - connecting with the formers, haha - former classmates, former workmates, former hang-out buddies. I also do those, seemingly, time-grabbers - laughing at cute animal videos, reading funny rants and memes.
Of course, reading and grinding at steemit is one and I haven't digested most things I read, haha.
Another important thing I also do is to backtest some technical analysis used for trading. I don't have a money to invest either in crypto or stock market - at least not yet. However, while passing through the broke life I am in, haha, it's better to learn a thing or two that is useful in the future.
Consider the chart above. It is a chart for the Philippine Stocks Exchange index. Basically it's the representation of the Philippine stock market. In the chart, I used MACD and CCI as an indicator when to buy (a stock) and when to sell. As far as what I have learned when CCI crosses above -100 level, it's time to buy, and if it crosses below 100, it's time to sell. So if I bought on its signal (about 7150 level), then that seems to be where the lowest is, and yes it's the best time to buy. The sell signal is about 7160 level, so regardless of amount, you still gain. But, since this is in 1 minute interval and PSEi is just a representation, trading on longer time interval on a specific stock, even for blue chips (penny stocks is more profitable, though, if done right, haha), then there is a larger return on investment.
By the way, you can use this technical analysis to other tradings - stocks, futures, commodity, currency, bitcoin - yep, bitcoin.
The chart was made through https://www.investagrams.com/ . Credit to them. :D
That's it, hopefully, you learn a thing or two... or three?
This post was made from https://ulogs.org