Category Archives: Price Action Lab Alerts

High Probability Position and Day Trades for Thursday, May 23, 2013

This alert is about high probability position and day stock trades from the Dow-30 and S&P 100 indices. Position trades exit for a 2% profit target or stop-loss, whichever comes first. Day trades exit at the close of the same … Continue reading

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ETF Directional Probabilities Point to a Market Correction

The directional probabilities of 12 popular ETFs were calculated using the p-indicator function of Price Action Lab. Four major ETFs, SPY, QQQ, DIA and IWM, show high significance for short positions with 2% target .

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High Probability Day Trades for Friday, May 10, 2013

The high probability day trade two days ago was for IAU and made $0.07 per share but one could trade instead GLD for +0.68 per share since their moves match. This alert is about 7 new raw signals in 6 popular ETFs for entry … Continue reading

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High Probability Day Trade For Thursday, April 25, 2013

This high probability signal is about a short position in a Dow-30 stock for entry at the open and exit at the close of today. Portfolio backtests indicated that the pattern that generated the signal has a persistent edge and that decreases the probability that it … Continue reading

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High Probability Trade For Tuesday, April 16, 2013

The last alert on April 9 was about two high probability trades, one in XLU for next close exit, and another in MMM for 2% profit target and stop-loss. These two trades generated +$2.30 in combined profit ($0.18 for XLU plus $2.12 for MMM). The MMM trade was … Continue reading

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High Probability ETF Day Trades For Thursday, April 4, 2013

The last alert about high probability setups was for two short signals in DBC and GLD that generated +$0.17 in combined profit, much below average. This alert is about two long signals for two ETFs for entry at the open and exit at the close. … Continue reading

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High Probability Short ETF Signals

These short signals are for two popular ETF for entry at the open and exit at the close of today. A backtest on a portfolio of 12 liquid ETFs since inception and on all Dow-30 stocks since 01/2000 showed that the patterns that generated the signals have a … Continue reading

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A High Probability Long Position Signal For a Popular ETF

This long signal is for a  popular ETF for 2% profit target and stop-loss. A backtest on a portfolio of 12 liquid ETFs since inception showed that the pattern that generated the signal has been profitable in 9 of them and a backtest on a … Continue reading

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Long Position Signal for a Dow-30 Stock

This long signal is for a Dow-30 stock for 2% profit target and stop-loss. A portfolio backtest in all Dow-30 stocks showed that the pattern that generated the signal has been profitable in 20 of them since January 2000 but also since … Continue reading

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Day Trade Short Signal for a Dow-30 Stock

Yesterday’s short signal was about MSFT for entry at the open and exit at the close. The trade lost 14 cents a share. The “significant short signal” for the open of Tuesday of this week is gaining 51 cents per … Continue reading

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