by AdamHGrimes | Dec 21, 2018 | Technical Patterns
This blog post is a review of every TradeLab we have published for MarketLife since our previous post. TradeLab was designed to be an easily accessible and digestible “trading lesson” in context of a current setup in the market. We get to see patterns set...
by AdamHGrimes | Dec 14, 2018 | Pullback
On 4 December, I fired off a quick tweet that generated a lot of discussion in my Facebook and email inboxes. (Curiously enough, not so much discussion on the tweek itself.) The tweet was just a quick snap of a daily and intraday chart of Bitcoin (BTCUSD) with the...
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 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...
by AdamHGrimes | Nov 27, 2018 | Breakout, Small patterns
Take a look at the chart above. Notice three things near the right edge of the chart: An intermediate term moving average is flat Price is never moving far from the moving average Price is chopping back and forth on both sides of the moving average These are three...
