Monthly Archives: February 2012

Stock Scanning Using the p-Indicator

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. 

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Another Chart Pattern Failure Worth Mentioning and Some Typical Arguments of Technical Analysts

It took just one week to invalidate a typical reversal rounding top formed in SLV, the Silver ETF. This marks another major failure of technical analysis, one of the many witnessed in the last couple of years. Should traders stop using this … Continue reading

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A 6-bar SPY Pattern With a Bullish Bias

This 6-bar pattern has a bullish bias. SPY has moved up at least 3% two out of every three times it has formed. This pattern also shows a bullish bias in several other ETFs. Is it signalling another winning long position this … Continue reading

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Optimal Trading Using the Kelly Formula [Premium Articles]

The Kelly formula is based on the work of John Kelly of Bell Laboratories in the 1950s on the subject of telephone transmission signal to noise ratio. Professional gamblers and traders use a modified version of the original formula to determine … Continue reading

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Baltic Dry Index Collapse: What Does it Mean if Anything at All?

The Baltic Dry Index (BDI) has declined about 63% since the beginning of this year. This spells trouble for over-leveraged shipping companies, especially for those expecting new build deliveries but it says little about the prospects of worldwide economic growth. As a … Continue reading

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