September 2018 - The Blog of Adam H Grimes

Chartschool: The importance of the previous day’s high / low

Post author:AdamHGrimes
Post published:09/26/2018
Post category:Support / Resistance / Trading tools
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https://youtu.be/cx1Sbk8aGDo

Trailing stops: 9 ideas you can use today

Post author:AdamHGrimes
Post published:09/25/2018
Post category:Risk Management / Technical Patterns
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Trade management is at least as important as trade entry, and maybe a lot more important. There are two main tools for trading management: profit targets and stops. From these…

Price action triggers: how much patience is too much?

Post author:AdamHGrimes
Post published:09/24/2018
Post category:Breakout / Pullback
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Take a look at the chart below. We were looking to enter a short in gold (or silver), based on the long downtrend, and then a bounce that was likely…

Chartschool: do your own homework

Post author:AdamHGrimes
Post published:09/20/2018
Post category:Technical Patterns
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In this video, I show you how to use an Excel spreadsheet and, in just a few minutes, get some basic answers about market tendencies and market stats. https://youtu.be/d6Ob19DMLlk

TLRY and other Pot stocks: trading extreme moves

Post author:AdamHGrimes
Post published:09/19/2018
Post category:Chart of the Day
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Pot stocks are the new cryptocurrencies, at least in terms of volatility and bubble potential. Take a look at the chart of TLRY below. A few thoughts: First, this chart…

Chartschool: Is the move significant or not?

Post author:AdamHGrimes
Post published:09/18/2018
Post category:General Comments
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https://www.youtube.com/watch?v=patvFlJUluU

Another way to get your questions answered

Post author:AdamHGrimes
Post published:09/18/2018
Post category:Trader Development
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The new podcast is taking off--reviews and feedback have been outstanding, and I'm thinking maybe I underestimated the power of this format. It's a great way to really dig into…

Revisiting streaks

Post author:AdamHGrimes
Post published:09/17/2018
Post category:Market Math / Psychology / Trader Development
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In a previous post, I gave a look at my published swing trade record, with a title on the post of Trading is Hard! Let's revisit that concept, almost exactly…

Slide along the bands: a trend pattern you should know

Post author:AdamHGrimes
Post published:09/14/2018
Post category:Technical Patterns
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Just a quick post here to point out a trending pattern that should be in your toolkit. Take a look at the chart of SEAS above, which shows a particularly…

Stalking a trade–patience

Post author:AdamHGrimes
Post published:09/13/2018
Post category:Pullback / Trader Development
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So many of us get into trading for action and excitement. (That was one of the things that drew me to trading, years ago.) But what it takes to be…

What happens if you believe?

Post author:AdamHGrimes
Post published:09/12/2018
Post category:Trader Development
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Over the years, I've moved toward being increasingly skeptical and critical of trading ideas. I knew this was happening, even if it was not a deliberate choice, but a recent…

Chartschool: daytrading setups and context

Post author:AdamHGrimes
Post published:09/11/2018
Post category:General Comments
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https://www.youtube.com/watch?v=tMmphbbC4ew&feature=youtu.be

The right mindset: perspective from a newbie

Post author:AdamHGrimes
Post published:09/10/2018
Post category:Readers Questions / Trader Development
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In our Facebook group, Paul made this post: Hi all, I am a newbie and this post is directed at people like me and not the more experienced traders out…

Where to find the new podcast (and how it’s different from the old podcast)

Post author:AdamHGrimes
Post published:09/09/2018
Post category:Podcast
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As we head toward the two week anniversary of the launch of the Trader's Workshop podcast, I am seeing a few of the same questions over and over, so i…

Chartschool: real life trading in crude oil

Post author:AdamHGrimes
Post published:09/07/2018
Post category:General Comments
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https://www.youtube.com/watch?v=-jEqn4nOLjo

Reading the chart of Ethereum with sigma spikes: cryptocurrencies aren’t so cryptic after all…

Post author:AdamHGrimes
Post published:09/05/2018
Post category:Trading tools / Volatility
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One of the tools I’ve come to rely on over the last 10 years is an indicator I call Sigma Spikes. (Read about it and how to calculate here.) This…