Post on 27-Apr-2015
BIGTRENDS
A.C.E. CoachingPercent R Rules & Scans
Course Instructor:Price Headley
BigTrends Coaching
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here does not constitute a recommendation to buy or sell a particular
investment. You are solely responsible for your investment decisions, and
BigTrends and its staff are not responsible for any trades you choose to
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BigTrends and its staff are not responsible for any trades you choose to
make. Not all Big Trends products or services are appropriate for all
investors. BigTrends does not provide personalized financial, tax or legal
advice. Please consult your tax consultant prior to making any investment
that may impact your tax situation.
Coaching Schedule
Focused Courses with Defined Goals
Price Action (Technical vs. Fundamental Analysis)
Building Your Trading Plan
Drawing Support & Resistance Lines
Williams Percent R Rules
Moving Averages
1
2
3
4
5
Strategy Session
Trading Plan
Indicator
Indicator
Indicator
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Moving Averages5
Williams Percent R Scans
Acceleration Bands
Continuous Growth via Trade Journal
6
7
8
9
10
Know Your Options (Intro to Options)
ACE Trading Strategies (Simple Options)
Indicator
Psychology
Options Selection
Strategy Session
Indicator
Indicator
Williams %R
� %R is similar to Stochastics in measuring overbought & oversold levels� The traditional scale is from 0 down to –100 (I prefer from +100 down to 0)
� While most use a 10 or 14 bar setting, I use a 30-bar setting� It is smoother but still responsive
� MY GOAL:
Refresher
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� To find the Strongest Trends (Up or Down)
� Avoid the noise within a trading range
� Focus on top (or bottom) 20 percentiles
� Avoiding the middle 60 percentiles (20 to 80)
Percent R
� BULL CONFIRMATION:� Look for “overbought” reading above 80 (above 80.50 to round to 81)
� Followed by a close above that bar’s high, within the next 5 bars after Setup
Bull Confirmation
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� This is the Initial Breakout point.
� The bar when we get the initial overbought reading is what I call the Setup Bar.
Williams %R: S&P “Spyder” (SPY) Bull/Bear Confirmed
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Percent R
� BULL RETEST: Once trend is Bull Confirmed� Look for a move below the “overbought” reading under 90
� (less than 79.50, round to 79 or less)� Use this bar’s Low as the new Closing Stop
Bull Retest
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� This is the best Low-Risk Entry Point to get a Full Position for a bull trade.
� If you’re not already in, or� If you’re only in a Half Position
Williams %R: S&P “Spyder” (SPY) with Bull/Bear Retest s
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Percent R
� BEAR CONFIRMATION:� Look for “over-sold” reading below 20 area (under 19.50)� Followed by a close below that bar’s low,
within the next 5 bars after Setup
Bear Confirmation
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� This is the Initial Breakdown point.
� The bar when we get the initial oversold reading is what I call the Setup Bar.
Williams %R: Johnson & Johnson (JNJ) Bull/Bear Conf irmed
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Percent R
� BEAR RETEST: Once trend is Bear Confirmed� Look for a move above the “oversold” reading over 20
� (at 20.50 or higher, to round to 21+)� Use this bar’s High as the new Closing Stop
Bear Retest
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� This is the best Low-Risk Entry Point to get a Full Position for a bear trade.
� If you’re not already in, or� If you’re only in a Half Position
Williams %R: Procter & Gamble (PG ) with Bear Retests
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Williams %R: Breakout Scan 3/31/09 Close – Bull Cand idates
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Williams %R: Breakout Scan 3/31/09 Close – Bear Cand idates
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Williams %R: Retest Scan 3/31/09 Close – Bull Candid ates
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Williams %R: Retest Scan 3/31/09 Close – Bear Candid ates
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Williams %R: Sturm Ruger (RGR) with Bull Retests
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Do You Have Any Questions?
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