February 2012 - The Blog of Adam H Grimes

Chart of the Day 2/6/12

Post author:AdamHGrimes
Post published:02/06/2012
Post category:Pullback / Support / Resistance
Post comments:1 Comment

[dc]O[/dc]ne of the longer-term trades I am watching is, what I believe to be, good upside potential in the USDCHF. Waverly Advisors caught a nice long a few months back…

Chart of the Day 2/3/12

Post author:AdamHGrimes
Post published:02/02/2012
Post category:Support / Resistance
Post comments:0 Comments

[dc]T[/dc]his chart shows a potentially actionable short setup in the stock of SanDisk Corp. (Nasdaq: SNDK). Yes, this is a stock sitting "on support", but the tight consolidation right on…

Chart of the Day: 2/2/12

Post author:AdamHGrimes
Post published:02/02/2012
Post category:Pullback
Post comments:1 Comment

[dc]W[/dc]hen faced with a strong uptrend with no pullbacks, as we've recently had in major domestic stock indexes (S&P 500 futures pictured in this chart), traders have a difficult decision:…

Chart of the Day: 2/1/2012

Post author:AdamHGrimes
Post published:02/01/2012
Post category:Anti
Post comments:0 Comments

[dc]C[/dc]ontinuing from this post, I thought it might be useful to show the initial outcome of the APOL Anti trade. As a refresher: A: Overextension. (In this case 3 pushes…