Monthly Archives: May 2011
Trading Probabilities and Common Sense
A man appears from nowhere and tell you that he knows your total worth is X amount of money. He proposes to you a game of tossing a fair coin (independently confirmed to be fair) just twice and he will pay … Continue reading
Posted in Risk Management
Tagged expectancy, Trading Probabilities
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S&P 500 Index – Are We Close to a Trend Reversal?
From a high reading of 1370 on 05/02/2011, the S&P 500 Index closed at 1316 yesterday, which amounts to a 3.94% drop in less than a month and that was enough to make some people wonder if this is the beginning of a … Continue reading
Posted in Technical Analysis
Tagged MEI indicator, S&P 500, SPX, ^GSPC
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Two Short-Term Bullish Patterns in QQQ
As of the close of 05/23/2011, a Price Action Lab scan indicated two bullish short-term formations in QQQ. The first is a 3-bar pattern with a lower low followed by a down gap and the second a 2-bar gap down … Continue reading
Posted in Technical Analysis
Tagged Price Action Lab, QQQ
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System Development Services for Position Traders
Our experts will use Price Action Lab to develop a system for you quickly and efficiently. You pay only after you receive the system backtesting reports, in sample and out of sample, and you decide to purchase the code. For … Continue reading
Posted in Trading Strategies
Tagged Price Action Lab, Trading Systems
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Announcing the Release of PAL v2.0
Price Action Lab is pleased to announce the release of PAL v2.0. A major new addition to PAL v2.0 is the capability of automatic raw code generation in a text file from the search and database results for use as … Continue reading
Posted in Strategy Synthesis
Tagged Price Action Lab
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