Art & Science of Active Trend Trading Free Report Aug 7

Good Day Traders,
Overview & Highlights: Tonight’s report comes to you from Vancouver, WA. After the BAMM Meeting on Saturday my wife and I took off on a month long road trip. My intent is to write from the road and highlight the challenges of trading while on vacation. The first challenge is having adequate time to review for potential trades. Because we already have open positions I will insure I have stop losses and profit target orders in place in order to manage these trades. Two of the stock trades are Pre-Earnings trades on WBMD and IPHI that report on 8/8 AMC. These positions must be close before the close tomorrow. I’ve listed exactly how I’m setting up those order in that section of the report. The big thing to remember while travelling is trade management and not necessarily opening new positions until proper review can be done. The second is to use conditional order to do this management.
Webinars: At Active Trend Trading we offer two webinars per week to provide training plus trade and market updates. See the schedule below for the next webinars.
How to Make Money Trading Stocks on Friday, Aug 19th—Friday! Will be on the road during market hours this Friday. Will record and post a session for the weekend
Register Here: https://attendee.gotowebinar.com/register/5137505840659157251
11:00 a.m. PDT
Next Training Webinar: Aug 10th – Recorded Session will be provided
For Premium Members our Wednesday evening training is developing some fantastic traders!
Topic: Fixing Bad Trades

General Market Observation: Last week each of the three Tracking Indexes provided a quick pullback to either the 8 or 20 day EMA’s then a bounce. There were no reversal candlestick patterns or even uniform pullbacks to plan off of. Just a quick intraday move that reversed the next day. Friday was strong for each of the Indexes with SPX moving to a new high and the NDX closing above last year’s high. The Russell still has more room to the upside before reaching last year’s high but is close the entering the resistance zone including last year’s high.

Currently there is some mild divergence but no signs of weakness in the price action on any of the Indexes. Right not we wait for a pullback entry to the long side. One of the members mentioned that the long trigger may have to come off an intraday hourly chart. While this is a potential currently we must wait even on the intraday to provide a potential signal.

SPX: Downside Market Short the SPY, SPY Puts or SPXU.
Preferred Long ETF’s: SPY, UPRO and SPXL

NDX: Downside Market Short the QQQ, QQQ Puts or SQQQ.
Preferred Long ETF’s: QQQ and TQQQ

RUT: Downside Market Short the IWM, IWM Puts or TZA.
Preferred Long ETF’s: IWM and TNA


The How to Make Money Trading Stock ShowFree Webinar every Friday at 11:00 a.m. PDT. This weekly live and recorded webinar helped traders find great stocks and ETF’s to trade with excellent timing and helped them stay out of the market during times of weakness.

How to Make Money Trading Stocks on Friday, Aug 19th—Friday! Will be on the road during market hours this Friday. Will record and post a session for the weekend

Register Here: https://attendee.gotowebinar.com/register/5137505840659157251

11:00 a.m. PDT

To get notifications of the newly recorded and posted How to Make Money Trading Stocks every week subscribe at the Market Tech Talk Channel: https://www.youtube.com/c/MarketTechTalk

 

The Active Trend Trader Referral Affiliate Program is ready. For more information or to become an Affiliate please register here: http://activetrendtrading.com/affiliates-sign-up-and-login/


Index Returns YTD 2016

Index 8-5

ATTS Returns for 2016 through Aug 5, 2016

ATTS YTD 8-5

Percent invested initial $100K account: Strategies I & II invested at 8.6%; Strategy III invested at 25.98%.

ATTS YTD 8-5a

Current Strategy Performance YTD (Closed Trades)

Strategy I: Down -1688.55 or -2.4%

Strategy II: Up $3702.00 or +37.02%

Strategy III: Up $19412 or +70.8%

Cumulative YTD: 21.45%

Active Trend Trading’s Yearly Objectives:

– Yearly Return of 40%

– 60% Winning Trades

Early Warning Alert Target Yearly Return = 15% or better

For a complete view of specific trades closed visit the website at: http://activetrendtrading.com/current-positions/

Updated first full week of each month. The next update August.


Outs & Ins: ABMD, ATVI, CATM, ESNT, JACK, MPW and MTCH make their debut on the IBD 50 this weekend. ABMD, ATVI and CATM have been on the list in past years. Only MPW and MTCH are in the process of pulling back to the moving averages and support.

To date the Running List is up to 222 stocks which is high for this time of year.

In-Out 8-5

 

Share Your Success: Many of you have sent me notes regarding the success you are having with the Active Trend Trading System. Please send your stories to me at mailto:dww@activetrendtrading.comor leave a post on the website. Thanks.

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