Pin Point Entries or Intraday Charts for Non-Intraday Traders...Intraday Charts: Why and When - Intraday charts when properly set up provide a much more granular view - Show hidden

Pin Point Entriesor

Intraday Charts for Non-Intraday Traders

WWW.ACTIVETRENDTRADING.COM

DENNIS W. WILBORN, SR.

[email protected]

“Simplicity is the secret of seeing things Clearly.” ~~ Oswald Chambers

http://www.activetrendtrading.com/

Clarify, Simplify & Multiply

This has been the Motto of Active Trend Trading from the beginning!

We continuously work to Clarify & Simplify through refinements to the system to make it objective and easy to both learn and use.

The purpose of all presentations is to provide our fellow Active Trend Trader Members a jump start to accelerate progress up the Learning Curve.

We welcome suggestions on how to improve the learning process!

Trade Wisely & Profitably,

Dennis W. Wilborn

Founder & Lead Technical Analyst

DisclaimerU.S. GOVERNMENT REQUIRED DISCLAIMER – COMMODITY FUTURES TRADING COMMISSION

FUTURES AND OPTIONS TRADING HAS LARGE POTENTIAL REWARDS, BUT ALS O LARGE

POTENTIAL RISK. YOU MUST BE AWARE OF THE RISKS AND BE WILLING TO ACCEPT THEM IN

ORDER TO INVEST IN THE FUTURES AND OPTIONS MARKETS.

DON’T TRADE WITH MONEY YOU CAN’T AFFORD TO LOSE. THIS IS NEITHER A SOLICITATION

NOR AN OFFER TO BUY/SELL FUTURES OR OPTIONS. NO REPRESENTATION I S BEING MADE

THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE

DISCUSSED IN THIS TRAINING. THE PAST PERFORMANCE OF ANY TRADING SYSTEM OR

METHODOLOGY IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN

LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESU LTS DO NOT

REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN E XECUTED, THE

RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN

MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PRO GRAMS IN

GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF

HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY

TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

ALL MATERIALS PRESENTED ARE FOR TRAINING PURPOSES ONLY . TRADERS SHOULD PAPER

TRADE ANY NEW METHOD PRIOR TO RISK OF PERSONAL CAPITAL.

Objectives-

- Show how using Intraday Charts can refine identification of interest points to

plan action

- Show how to place alerts or trade entries at specific points

- Show interactive connectivity between 1 hour intraday, daily and weekly

charts

- Show how to read the intraday indicators & moving averages last hour of

the day and after hours

“Simplicity is the secret of seeing things Clearly.”

~~ Oswald ChambersCopyright 2012-2015 Active Trend Trading

Intraday Charts: Why and When

- Intraday charts when properly set up provide a much more granular view

- Show hidden levels of support and resistance not visible on a longer term

chart

- Oscillators can tell us when to wait and when to be ready

- When there are no apparent patterns on daily or weekly charts

Additionally using intraday timing can be used for more precise option trading

both to sell premium and buy positions

Copyright 2012-2015 Active Trend Trading

Intraday Charts: When & Where

- TSI works very well for timing confirmation

- Above 50 be ready to sell not buy

- Below -50 be ready to buy not sell

- Zero line provides short term trend indication (Above: Up and Below: Down)

- Divergences in the Momentum and TSI along with support/resistance and

intraday patterns help provide clues


Intraday Charts: Where is price interesting?


Let the TSI oscillator help tell us

when and where!

Above 50 wait to buy, prepare to sell

Below -50 wait to sell, prepare to buy

Intraday Charts: When to Check

- Ideally during first hour and last hour of trading

- After hours takes some interpretation but very valuable as to determining

when to act

- After hours draw intraday trends and make decisions

Understand the Moving Averages and Indicators tell us the same thing on

Intraday Charts but the magnitude of the expected move is less.


Intraday Charts: Examples


Buy tomorrow? Sell tomorrow?

What are the clues?

Intraday Charts: What to Identify

- Identify longer term trend (Daily-Weekly)

- Identify short term trend (Intraday-Daily)

- Identify levels of support and resistance

- Identify potential actions at identified price levels

- Identify what the intraday moving averages are telling us

- Identify how well the intraday moving averages are providing support and

resistance

- Is there enough juice?

Now Plan the Trade



- Ideally during first hour and last hour of trading

- After hours takes some interpretation but very valuable as to determining

when to act

- After hours draw intraday trends and make decisions

Understand the Moving Averages and Indicators tell us the same thing on

Intraday Charts but the magnitude of the expected move is less.



- After-Hour Clues (30 minute or 1 hour chart)

Drops or Pops Can pre-market intraday can provide a clue to daily direction

and hidden support & resistance

Identify Entries and Exits (Profit Targets and Stop Losses)


Intraday Charts: Examples--Intraday


Gap up Buy?

Intraday Charts: Examples—Intraday Pre-Market


Gap up, Pullback, Buy?

Intraday Charts: Live Examples

AFSI

HAWK

TSLA


Conclusions

1. Precision can be improved by observing and

understanding Intraday Charts during and pre-

market

2. Identify Trigger Points more accurately

3. Does Require a focus on specific stocks & ETFs




Documents

Pin Point Entries or Intraday Charts for Non-Intraday Traders...Intraday Charts: Why and When - Intraday charts when properly set up provide a much more granular view - Show hidden