Tag Archives: Price action

A QQQ Pattern of 7 Consecutive Lower Lows

The QQQ daily chart below shows a pattern of 7 consecutive lower lows formed as of the close of yesterday, Tuesday, April 12, 2011, with the low of April 1, 2011 taken as the base, as indicated by the blue … Continue reading

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The p-Indicator. What is it?

The p-Indicator is one of the most advanced technical analysis indicators in existence today. The following are a few facts about the indicator that contribute to its uniqueness and differentiate it from traditional technical analysis indicators: The calculations of the p-Indicator consider … Continue reading

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Price Action Trading

Price action trading is a trading methodology that, as the name implies, is based on price action. Not surprisingly, as it is the case with many other things, this terminology has been abused and misused by many. Of course, this is a … Continue reading

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