Скачать или смотреть How to Enter in a Microchannel - MC401 - Below Expected Performance | Zen Tech Trading

This video focuses on how to enter trades in Microchannels and the MC4 scenario, where the entry bar did not deliver the expected performance.

I'm attempting to build an index of trade setups and their management for my research and trading improvement.

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Notes:
Using Ninjatrader for trade execution and management.
Trading MES futures contract. I think most traders can learn about it and switch to mini when profitable
Chart: MES 31st August 2024
Pattern: Bear Spike, Probably Leg 2
Speed is 2x, so you can adjust it further.

The entry bar closed below the spike break, and the follow-through bar is an opposite breakout and follow-through (expecting a second leg sideways to down.)

Strategic Response: Exit below the entry bar or look to exit back at your entry at breakeven.

Microchannel Notations:
MC1: Very good surprise (Add)
MC2: Better than expected (Can add)
MC3: Expected
MC4: Worse than expected (XBE)
MC5: Very bad surprise (Exit)

Understanding how to handle trades that perform as expected is crucial for consistent success in price action trading.

Why Zen Tech Trading? We provide detailed analysis and strategies to help you master price action trading. Whether you're a beginner or an experienced trader, our content is designed to enhance your skills and trading discipline.

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Denis Pavlov https://pixabay.com/users/denis-pavlo...