Category Archives: Price Action Lab Alerts

High Probability Setup For Wednesday, March 26, 2014

A high probability trading setup for the open of Wednesday, March 26, 2014, was identified in a popular ETF using the scan function of Price Action Lab.  Share

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High Probability Setups for Monday, March 24, 2014

Two signals in two Dow-30 stocks, one for entry at the open and 2% profit target and stop-loss and another one for entry at the open and exit at the close exhibit good significance based on portfolio backtests. Share

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High Probability Setup For Wednesday, March 5, 2014

A signal in a Dow-30 stock shows good statistics for a long position at the open of today. Update on 03/19/2014: profit target at $25.19 was hit today. Share

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System Indecision

The short-term swing/position trading SPY2p5 system generated a long and a short signal yesterday, simultaneously, a result of an indecision in the markets near all-time highs. Share

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Significance of Very High Probability Signals

There is an almost indisputable anti-correlation in quantitative trading between success rate and sample size. The larger the success rate, the smaller the sample size. This is true possibly because after a few occurrences of a high probability opportunity it is arbitraged … Continue reading

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High Probability Setups For Tuesday, January 21, 2014

Two high probability trading setups for the open of Tuesday, January 21, 2014, were identified in popular ETFs using the scan function of Price Action Lab.  Share

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Three Common Cognitive Biases of Technical Analysts

Focusing on what is perceived as important is the cardinal mistake of most technical analysts. Normally what is overlooked may be equally or even more important. Usually what is more important is very hard or impossible to see. Share

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High Probability Setups For Friday, January 10, 2014

Two high probability setups in S&P 500 Index stocks for the open of Friday, January 10, 2014, and for 2% profit target or stop-loss, were identified by the scan function of Price Action Lab.  Share

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