A Trend Reversal in Silver? Not so Fast

Silver has had a good rally, SLV is up more than 15% since the first trading day of this year and yesterday it closed just below its 200-day moving average. Some view this rally as a potential trend reversal but given the price action of the last four years this may be another bull trap along a downtrend.

Continue reading

Posted in ETF Analysis, Technical Analysis | Tagged , | Comments Off

The Price Action Lab Report – Thursday, January 22, 2015 [Premium]

The Price Action Lab Report is delivered daily before market open. It includes quantitative analysis and high probability setups in popular ETFs. Click here for more details.

High Probability ETF Setups…

This is premium content. Please login or subscribe to continue reading...

Posted in Premium Content | Tagged | Comments Off

An Uptrend and a Downtrend Running in Parallel

A stock market can avoid a major correction by having an uptrend and a downtrend running in parallel while overall it exhibits an upward tendency. This is the net result in the US stock market that is caused by massive passive index buying by investors that are betting on more free money from central banks and sophisticated active managers that minimize risk by employing among other things long/short strategies.

Continue reading

Posted in ETF Analysis, Technical Analysis | Tagged , , | Comments Off

The Price Action Lab Report – Wednesday, January 21, 2015 [Premium]

The Price Action Lab Report is delivered daily before market open. It includes quantitative analysis and high probability setups in popular ETFs. Click here for more details.

High Probability ETF Setups…

This is premium content. Please login or subscribe to continue reading...

Posted in Premium Content | Tagged | Comments Off

Is this the Beginning of the End of Retail Forex Trading as We Know it?

The removal of the Swiss franc peg to the euro last week by the Swiss National Bank caused huge losses to retail forex traders and brokers. It is unlikely that after this event retail forex trading will be the same and it is highly possible that this will mark a change in business models that will involve a substantial decrease of trading leverage.

Continue reading

Posted in Forex trading | Tagged , , | Comments Off

Another Head and Shoulders Pattern Under Attack

During the last five years a number of flagship technical analysis patterns that pointed to reversals failed for a number of reasons, one being interventions like quantitative easing and another the fact that these patterns emerge due to random price action near tops or bottoms. The current head and shoulder in S&P 500 is also under attack.

Continue reading

Posted in Technical Analysis | Tagged | Comments Off

New Release of Quantitative Trading Software

Price Action Lab v7.0 was recently released. The new version of this quantitative trading software offers several new features and comes with an add-on that allows a massive expansion of its capabilities.

Continue reading

Posted in Price Action Lab Patterns, Quantitative trading, Trading System Design, Trading System Synthesis | Tagged , | Comments Off