Day Trading Tips For Beginners - Learn To Use ATR Indictor

Volatility Targets And Stops Part II Visit MarketGeeks.com

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Learn ATR Volatility Adjustment Stop Loss Volatility Adjustment Profit Target Volatility Adjustment Incorporate ATR Into Your Trading Plan

ATR Review Developed 4 Decades Ago Originally Used In Commodity Market Adapted To Stocks When Volatility Rose Used Effectively For Stops And Profit Targets Works With Daily Charts And Intraday Charts Copyright ÂŠ 2007-2013 Market Geeks, LLC. All Rights Reserved.

ATR Is Easy To Calculate Find The Highest Positive Number Out Of These Three Combinations: 1. Between the previous day's high and low prices 2. Between the previous days close price and the current day's high price. 3. Between the previous days close price and the current day's low price.

Adjust For Day Trading Build Into Every Major Trading Software Change Time Frame From Daily Bars To Intraday Bars Change From 14 Bars To 10 Bars To Calculate Average *The 14 Bar To 10 Bar Adjustment Should Be Made If You Day Trading OR Swing Trading For More Dynamic And Accurate Volatility Readings

Volatility Doubles In 3 Months

Volatility Three Times Higher In Two Day

Volatility Three Times Higher In One Week

Placing Your Orders

Long Stop Loss Subtract 2ATR From Entry

Short Buy Stop

Long Profit Target

Add 2ATR To Entry Price

Add 4ATR To Entry Price

Short Profit Target Subtract 4ATR From Entry Price

ATR Should Be Adjusted Every Half Hour Your Stops And Profit Targets Will Be Adjusted As Well

Things To Keep In Mind ATR Is The Best Way To Measure Volatility Works With Daily And Intraday Charts Needs Adjustment From 14 Bars To 10 Bars Monitored During Trading Day Adjusted If Necessary Every Half Hour Copyright ÂŠ 2007-2013 Market Geeks, LLC. All Rights Reserved.

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