by AdamHGrimes | Jun 4, 2019 | Quantitative analysis, Support / Resistance, Trend Termination
I want to share the results of a quick statistical study I did today, and also share a few thoughts about using stats, in general, to shape our trading decisions. (And I promise two things: this won’t be a boring blog and if you trade actively, it will give you...
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 | 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 | Aug 12, 2018 | Support / Resistance
Sometimes, reading market action is about putting the pieces together… building a big picture from the composite of small bits of information that might not seem terribly meaningful by themselves. For the past several weeks, swing trading in currencies has been...
