by AdamHGrimes | Dec 10, 2018 | Support / Resistance
Markets broadly exist in two states: trends or trading ranges. In other words, a market is happy with the current price (and accepts it) or is moving to another price. Of course, this makes everything sound a bit more predictable than it actually is: trends can...
by AdamHGrimes | Dec 6, 2018 | Chart of the Day, Market Math
This will be a very quick blog, as I’m just typing a few thoughts here in the first few minutes of what might be a volatile trading day. This morning, I noticed an extreme negative NYSE TICK reading on the open, and ran some quick stats. The low of today’s...
by AdamHGrimes | Dec 4, 2018 | General Comments, Market Math
This is the last in a series of blogs looking at December seasonality in stocks. To quickly recap, the first post used a simple binary (up/down) classification to look at all months of the year in graphical format. (Lesson: yes/no classifications are useful and so are...
by AdamHGrimes | Dec 1, 2018 | Pullback
A week ago, I pointed out trade setups in NZDUSD and many NZD crosses to my MarketLife and Talon clients. Of course, one issue currency traders need to consider is correlated risk; if you take a bunch of trades driven by one particular currency (even if that currency...
