Day Trading Tips For Beginners - Learn To Use ATR Indictor

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http://www.marketgeeks.com/day-trading-tips-and-tools-for-beginners/ Download Your Free Swing Trading Report Today. Day trading tips covers the ATR indicator and demonstrates how stop loss levels and profit target levels need to be adjusted based on the ATR contracting and expanding.

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Day Trading Tips For Beginners - Learn To Use ATR Indictor

  1. 1. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  2. 2. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.Volatility Targets And Stops Part IIVisitMarketGeeks.comFree Trading ReportSubscribe To Our Channel
  3. 3. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.Learn ATR Volatility AdjustmentStop Loss Volatility AdjustmentProfit Target Volatility AdjustmentIncorporate ATR Into Your Trading Plan
  4. 4. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.ATR ReviewDeveloped 4 Decades AgoOriginally Used In Commodity MarketAdapted To Stocks When Volatility RoseUsed Effectively For Stops And Profit TargetsWorks With Daily Charts And Intraday Charts
  5. 5. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.ATR Is Easy To CalculateFind The Highest Positive Number Out OfThese Three Combinations:1. Between the previous days high and low prices2. Between the previous days close price and thecurrent days high price.3. Between the previous days close price and thecurrent days low price.
  6. 6. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.Adjust For Day TradingBuild Into Every Major Trading SoftwareChange Time Frame From Daily Bars To Intraday BarsChange From 14 Bars To 10 Bars To Calculate Average*The 14 Bar To 10 Bar Adjustment Should Be Made If YouDay Trading OR Swing Trading For More DynamicAnd Accurate Volatility Readings
  7. 7. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.Volatility Doubles In 3 Months
  8. 8. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.Volatility Three Times Higher In Two Day
  9. 9. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.Volatility Three Times Higher In One Week
  10. 10. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.Placing Your OrdersLong Stop LossSubtract 2ATR FromEntryShort Buy StopAdd 2ATR To Entry PriceLong Profit TargetAdd 4ATR To Entry PriceShort Profit TargetSubtract 4ATR FromEntry PriceATR Should Be AdjustedEvery Half HourYour Stops And ProfitTargets Will Be AdjustedAs Well
  11. 11. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.Things To Keep In MindATR Is The Best Way To Measure VolatilityWorks With Daily And Intraday ChartsNeeds Adjustment From 14 Bars To 10 BarsMonitored During Trading DayAdjusted If Necessary Every Half Hour
  12. 12. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.Thanks For WatchingVisitMarketGeeks.comDownload Free Trading ReportSubscribe To Our Channel

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