Subscribe by email
- Automatic Code Generation For Quantopian Platform
- Data-mining And Validating Thousands Of Potential Price…
- Deterministic Machine Design of Trading Systems With Strict…
- Quant Trading Without Neural Networks or Genetic Algorithms
- Fooled by Randomness Through Overfitting And Selection Bias
- The Most Important Performance Measure of Trading Strategies
- Identifying High Probability Short-term Patterns
- Fooled by Machine Learning Applied to Trading Algo…
- Quantitative Discretionary Trading: Back to the Future
- Dealing With the Small Samples of Technical Analysis
- The Day Momentum Died
- Machine Generated SPY Patterns and Trading Systems
- Asset Allocation (22)
- Economic Analysis (81)
- Forex trading (8)
- Market Statistics (318)
- Premium Content (148)
- Premium Signals (8)
- Price Action Lab Alerts (133)
- Price Action Lab Patterns (158)
- Quantitative trading (130)
- Risk Management (48)
- Strategy Synthesis (88)
- Technical Analysis (824)
- Trading Strategies (154)
- Trend following (60)
- Uncategorized (37)
Monthly Archives: February 2012
After a rare formation of two consecutive outside days, an upside breakout followed in QQQ. The resulting outside day upside breakout pattern has been historically a short signal for profit targets in the 3% range but with a low winning bias.
These patterns are indeed extremely rare. They have formed after some other recent rare patterns. Maybe it is because this is a rare time period.
Some analysts have argued that the recent rise in commodity prices and especially the rally in crude oil prices may cause a stock market crash. However, the current situation does not compare to the conditions present in 2007 and 2008.
SPY is in overbought territory and facing a resistance level. In addition, my proprietary indicator, the MEI, shows loss of momentum and diverges to the downside. My estimate is for a 2% correction in the next few days so that the market … Continue reading
The p-Indicator allows a quantitative approach to scanning stocks for short-term high probability setups. Here I provide an example of how this particular indicator can be used to scan the DOW-30 stocks on a daily basis.
GLD is about $3 away from its November 2011 high of $175.46 and SLV closed just above its 200-day simple moving average and its down-trendline from the high of April of last year.
After forming a rare double inside day pattern two weeks ago, the Shanghai Stock Exchange Composite Index ended last week up 3.5%. The short-term target is the 200-day simple moving average currently at 2519.