by AdamHGrimes | May 24, 2019 | Intraday Trading, Quantitative analysis, Support / Resistance
This is part 2 of a two part blog. Read the first part here. Quick summary: to test the validity of price levels in markets, we created a test in which we showed a bunch (1,535) of traders 20 panels of charts. Each panel included two charts which were essentially the...
by AdamHGrimes | May 22, 2019 | Quantitative analysis, Support / Resistance
First, thank you to each of you who participated in the experiment/quiz. We have stopped collecting data, but you can re-take the quiz and see which answers were right or wrong here. Let me start with the conclusions up front, and then I’ll explain what we did and...
by AdamHGrimes | Apr 28, 2019 | Technical Patterns, Trader Development
This might be a more challenging blog post than most, but if you’re interested in really understanding price action I think it’s very important. Over the past several weeks I’ve been doing some deep dive coding and quant work. (Stuff like looking at correlation and...
by AdamHGrimes | Apr 23, 2019 | Breakout
Here’s a quick look at two concepts that should be a part of your chartreading: ranges with pressure, and measured moves. There are two common approaches to chartreading, and I think both can be improved upon. One is to look at “big” patterns spanning many bars (think...
by AdamHGrimes | Apr 18, 2019 | Multiple timeframes
It’s great when all stars align and every signal tells you to do the same thing. That’s the idea behind multiple timeframe analysis (which, by the way, is a topic that should be more controversial!)… imagine the profits that can result when forces on different...
by AdamHGrimes | Mar 4, 2019 | Technical Patterns
Sometimes we can take tools we know and look at them in new ways. Doing this can give a surprising new perspective on how markets move, and can often suggest new places to look for edges. Here’s an example. I use Keltner Channels on all my charts, and have for nearly...
