πŸ“Š Simple Day Trading Practice Drills - Breakout High 1 / Low 1πŸ“Š
Zen Trading Tech Zen Trading Tech
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 Published On Sep 29, 2024

In this exercise, we’ll focus on identifying breakouts, looking for a pullback, and then buying a high one (or selling a low one). There are three drills in one, and I’ll guide you through all of them!

1️⃣ Identify the Breakout: Look for a breakout to a new high or low. Mark it with an arrow, then find the pullback.
2️⃣ Look for the Signal: After the pullback, find the next signal bar in the same direction (bull or bear) and place your stop entry.
3️⃣ Track Weak Signal Bars: Learn how to spot weak signals and how to react when they fail.

πŸ“šChapters
00:00 - Intro
00:35 - Identifying a High 1 or Low 1 (H1 / L1)
03:39 - Weak Signal Bars
06:55 - Going BELOW the High 1 / Above the Low 1 - What happens?
08:29 - Recap exercise
09:04 - Outro

πŸ’» Blog Post: https://zentradingtech.com/2024/09/27...

🎯 Happy trading

#daytrading #priceaction #AlBrooks #Everylossisalesson

πŸ’» Blog: https://zentradingtech.com/

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