$MSFT Measured Move

Good morning.

The Measured Move Setup or the AB=CD - this is probably one of my all time favorite trades to take and there are about 4 or 5 derivative setups from using this one simple price action pattern.

right now has a daily measured move trade that is setting up so I am going to explain in this post the following:

1. Why different time frame setups matter v. others (daily v. 60H)

2. What Fibonacci levels matter to me and why

3. How to find the “trigger” entry

4. How to find targets

5. How to structure the trade

Some of you that have taken the Small Account Tactics and Intraday Playbook lectures may recognize this pattern/concept but it’s always a good refresher and considering we have a real life example in right now you can follow it in real time.

Some people will make fun of technicals and Fibs, let them.

This works and has worked for nearly two decades that I’ve used it and I am going to drop a lesson for all of you in this post today.

P.S. Don’t forget the live class in March here.

Subscribe to our premium content to read the rest.