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Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
New Video Tutorial

             Visit
       MarketGeeks.com
   Short Term Trading Report

Please Subscribe To Our Channel
Short Term Videos & Trading Tips!




     Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Today's Agenda

         Stop Loss Placement

      Profit Target Placement

You Can Find The First Two Videos @

             MarketGeeks.com
                    &
             YouTube Channel


      Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
The Best Results Achieved = 90 Days
Results for 20 day Simple Moving Average – 29.7 percent profitable

Results for 40 day Simple Moving Average – 35.9 percent profitable

Results for 60 day Simple Moving Average – 44.3 percent profitable

Results for 80 day Simple Moving Average – 51.7 percent profitable

Results for 100 day Simple Moving Average 47.9 percent profitable



     Worst Results Achieved = 20 Days


                Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
How Can This Help You?

You Can Use This Data To Build Trend
 Fading Or Trend Reversal Strategy

Remember 20 Day Breakout = Success Rate 29.7%

                            Reverse It

20 Day Reversal Strategy = Success Rate 70.03%

  Add Few Filters To Increase Even Further



          Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Average True Range Indicator

    Developed By J. Welles Wilder 1978

  Published In New Concepts In Technical
             Trading Systems

Top 10 Trading Book – Highly Recommend It




         Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Things To Keep In Mind

ATR Does NOT Measure Market Direction

       Only Measures Volatility

      Measures Stop Loss Levels

       Measures Profit Targets




       Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
ATR Formula

Calculate Greatest Of The Following Three

 1. Current High Less The Current Low

  2. Current High Less Previous Close

 3. Current Low Less The Previous Close

By Using The Highest Of The Three You Take Into
        Account Gaps That Occur Overnight

         Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Things To Remember

  ATR Is Build Into All Technical Analysis
                 Programs

    No Manual Calculations Necessary

Change Time Frame From 14 Days To 10
                Days

Can Be Used For Intra-Day Trading As Well


         Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Example 1




Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Example 2




Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Example 3




Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
ATR Cheat Sheet
 Long Position Stop Loss=Subtract 2 ATR From Entry

Short Position Profit Target=Subtract 4 ATR From Entry

   Long Position Profit Target=Add 4 ATR To Entry

    Short Position Stop Loss=Add 2 ATR To Entry

Use ATR Number At Time You Place Order To Calculate




           Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
Thanks For Watching

                 Visit
          MarketGeeks.com
Download Your Short Term Trading Report

    Please Subscribe To Our Channel
Short Term Trading Videos & Trading Tips!




        Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.

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Short term stock trading strategies using retracements

  • 1. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  • 2. New Video Tutorial Visit MarketGeeks.com Short Term Trading Report Please Subscribe To Our Channel Short Term Videos & Trading Tips! Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  • 3. Today's Agenda Stop Loss Placement Profit Target Placement You Can Find The First Two Videos @ MarketGeeks.com & YouTube Channel Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  • 4. The Best Results Achieved = 90 Days Results for 20 day Simple Moving Average – 29.7 percent profitable Results for 40 day Simple Moving Average – 35.9 percent profitable Results for 60 day Simple Moving Average – 44.3 percent profitable Results for 80 day Simple Moving Average – 51.7 percent profitable Results for 100 day Simple Moving Average 47.9 percent profitable Worst Results Achieved = 20 Days Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  • 5. How Can This Help You? You Can Use This Data To Build Trend Fading Or Trend Reversal Strategy Remember 20 Day Breakout = Success Rate 29.7% Reverse It 20 Day Reversal Strategy = Success Rate 70.03% Add Few Filters To Increase Even Further Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  • 6. Average True Range Indicator Developed By J. Welles Wilder 1978 Published In New Concepts In Technical Trading Systems Top 10 Trading Book – Highly Recommend It Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  • 7. Things To Keep In Mind ATR Does NOT Measure Market Direction Only Measures Volatility Measures Stop Loss Levels Measures Profit Targets Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  • 8. ATR Formula Calculate Greatest Of The Following Three 1. Current High Less The Current Low 2. Current High Less Previous Close 3. Current Low Less The Previous Close By Using The Highest Of The Three You Take Into Account Gaps That Occur Overnight Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  • 9. Things To Remember ATR Is Build Into All Technical Analysis Programs No Manual Calculations Necessary Change Time Frame From 14 Days To 10 Days Can Be Used For Intra-Day Trading As Well Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  • 10. Example 1 Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  • 11. Example 2 Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  • 12. Example 3 Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  • 13. ATR Cheat Sheet Long Position Stop Loss=Subtract 2 ATR From Entry Short Position Profit Target=Subtract 4 ATR From Entry Long Position Profit Target=Add 4 ATR To Entry Short Position Stop Loss=Add 2 ATR To Entry Use ATR Number At Time You Place Order To Calculate Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  • 14. Thanks For Watching Visit MarketGeeks.com Download Your Short Term Trading Report Please Subscribe To Our Channel Short Term Trading Videos & Trading Tips! Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.