January 2012 • The Blog of Adam H Grimes

1/31/12 Chart of the Day

Post author:AdamHGrimes
Post published:01/31/2012
Post category:Pullback
Post comments:0 Comments

[dc]T[/dc]his chart shows the bull flag in JAZZ that tested the previous swing high and failed. As this stock was nearing that previous pivot, I tweeted that it was breaking…

First Principles in Technical Analysis (4/?)

Post author:AdamHGrimes
Post published:01/30/2012
Post category:Climax / General Comments
Post comments:1 Comment

Trends end in one of two ways [dc]T[/dc]he last lecture looked at the power of an intact trend. Of course, trends do not go one forever. They do end, and…

Chart of the Day: 1/29/12

Post author:AdamHGrimes
Post published:01/29/2012
Post category:Pullback
Post comments:0 Comments

[dc]T[/dc]he bull flag is a simple, classic pattern that is a fundamental expression of the ebb and flow of buying pressure in an uptrend. In this case, we entered a…

First Principles of Technical Analysis (3/?)

Post author:AdamHGrimes
Post published:01/28/2012
Post category:General Comments / Pullback
Post comments:1 Comment

2: Trends are more likely to continue than to end [dc]T[/dc]he previous post in this series considered the first principle of price behavior: that markets tend to alternate between periods…

First Principles of Technical Analysis (2/?)

Post author:AdamHGrimes
Post published:01/27/2012
Post category:Individual Traders / Institutional Managers/Traders
Post comments:1 Comment

The first principle of price behavior: Markets alternate between trends and trading ranges.

1/26/12 Chart of the Day

Post author:AdamHGrimes
Post published:01/27/2012
Post category:Anti / Technical Patterns
Post comments:4 Comments

[dc]T[/dc]his chart shows an Anti pattern in the chart of Apollo Group, Inc (Nasdaq: APOL). This is an important trend termination that often leads to some very clean trades. This…

First Principles of Technical Analysis (1/?)

Post author:AdamHGrimes
Post published:01/26/2012
Post category:Individual Traders / Institutional Managers/Traders
Post comments:3 Comments

The building blocks of market structure and price action. [dc]T[/dc]echnical analysis is the art and science of predicting the future direction, timing, and/or magnitude of a market’s movements, mainly by…

1/26/12 Chart of the Day

Post author:AdamHGrimes
Post published:01/25/2012
Post category:General Comments
Post comments:0 Comments

[dc]T[/dc]his chart of Natural Gas futures shows a classic pattern: parabolic acceleration outside the Keltner Channel and the parallel trendline. It is difficult to play a move like this as…

1/25/12 Chart of the Day

Post author:AdamHGrimes
Post published:01/25/2012
Post category:General Comments
Post comments:0 Comments

[dc]T[/dc]his pullback in Gold futures could offer an opportunity for a short. Positions could be established on a weak close, looking for a first leg to retest previous lows (1,525…

You Get Paid to Hold Overnight

Post author:AdamHGrimes
Post published:01/24/2012
Post category:General Comments / Individual Traders / Risk Management / Trader Development
Post comments:5 Comments

A look at one reason why daytraders may struggle...