daytrading Archives • The Blog of Adam H Grimes

Using highs and lows

Post author:AdamHGrimes
Post published:10/09/2019
Post category:Intraday Trading / Support / Resistance
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How do we know how that market is doing on any day? If we turn on the news, we will hear something like “the Dow Jones is up 40 points…”,…

What we learned about price levels

Post author:AdamHGrimes
Post published:05/24/2019
Post category:Intraday Trading / Quantitative analysis / Support / Resistance
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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…

When is a human better than a machine? Using human discretion in quantitative testing.

Post author:AdamHGrimes
Post published:05/22/2019
Post category:Quantitative analysis / Support / Resistance
Post comments:0 Comments

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…

Daytrading the S&P 500: Intraday trend structure and setup

Post author:AdamHGrimes
Post published:05/21/2019
Post category:Intraday Trading
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Thinking in checklists is useful, especially for shorter-term traders. Every market situation is full of rich and complex nuance. Every moment in the market (or in life) is unique because…

S&P 500 futures activity by time of day

Post author:AdamHGrimes
Post published:11/14/2018
Post category:Intraday Trading / Trading tools / Volatility
Post comments:0 Comments

Most people know that stock markets tend to be much more active on the open and close, and are often "dead" in the middle of the day. This is important…

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

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

Choosing the best pullbacks

Post author:AdamHGrimes
Post published:08/04/2017
Post category:Pullback
Post comments:0 Comments

Trading is a game of choices. Over time, we hope to make more good choices than bad. Sometimes, the choices are obvious: control your risk, take disciplined trades, be mindful…

Finding trend days in index futures

Post author:AdamHGrimes
Post published:09/16/2015
Post category:Breakout / Volatility
Post comments:0 Comments

I've written on this topic before, but we just had a good example in the market, so it's a great time to revisit. Many intraday traders find that most of…

Catching the wave: ideas for finding trend days

Post author:AdamHGrimes
Post published:06/30/2015
Post category:Trader Development / Trading tools
Post comments:1 Comment

I received a question from Alex, which appears to be a simple question. Digging deeper, it actually drives straight to the essence of intraday trading: If I am wanting to…

Chart of the day: Short term setup in S&P 500 (6/5/15)

Post author:AdamHGrimes
Post published:06/05/2015
Post category:Chart of the Day
Post comments:0 Comments

Yesterday’s moderately strong downtrend came within higher timeframe consolidation. This is still a market primed for a stronger trend move. Do not fade a break above or below key levels…

Chart of the day: S&P 500 short term setup (6/4/15)

Post author:AdamHGrimes
Post published:06/04/2015
Post category:Chart of the Day
Post comments:0 Comments

This is still a market seeking a catalyst, though bullish factors continue to accumulate. Look for a strong rally above the 2121-2124 level; do not fade a breakout that holds…

It’s all in a day’s work

Post author:AdamHGrimes
Post published:06/03/2015
Post category:Intraday Trading
Post comments:1 Comment

I want to share a few observations on trading activity during the trading day. I will focus on the S&P 500 futures here, but may extend this (if there's interest)…

Chart of the Day: S&P 500 short term setup (

Post author:AdamHGrimes
Post published:06/03/2015
Post category:Chart of the Day
Post comments:0 Comments

Little motion and no new tactical information [yesterday]. Market is still consolidating and still in breakout mode: expect sharp continuation once the consolidation is decisively broken. The edge is still…

Short term trading strategies that work

Post author:AdamHGrimes
Post published:06/02/2015
Post category:Intraday Trading / Technical Patterns
Post comments:10 Comments

Over the past week or so, I've written a bit about short term trading strategies on my blog, and I've also done two podcasts (here and here.) Starting tomorrow, I'm…

Chart of the day: S&P 500 short-term setup (6/1/15)

Post author:AdamHGrimes
Post published:06/01/2015
Post category:Chart of the Day
Post comments:0 Comments

Overall context is a broad consolidation, with volatility contraction visible on intraday charts as a triangle. Within this area (and expect wide, “messy” definitions of the confines of the pattern—not…