It took me months to understand market structure deeply.
Here is how to fasten the information of market structure. A thread π§΅
Here is how to fasten the information of market structure. A thread π§΅
1/ Market structure is literally the bedrock of trading ( to perfect trading with at least 50% guarantee win rate, you need to understand market structure & Liquidity).
2/ In this thread I will show you the secret of using market structure, this ideology is so simple that once you understand it, you will become a beast of the market.
3/ In market structure we have terms such as swing highs & lows, mss (market structure break), in using this terms we will establish the foundation of structure. In structure mapping you have to understand swing structures, sub and minor structures. #Lessismore
@forexeyetrading @thissdax @Rickcapitalng 4/ Liquidity is also known as money, but understand that we have different kinds, a lot of mentors have separate names of how they teach liquidity, I will show you the basic liquidity type. #Lessismore
@forexeyetrading @thissdax @Rickcapitalng 5/ We simply have External & internal liquidity, understand that for external we have sell side ( also known as swing low liquidity), we have buy side ( also known as swing high liquidity).
@forexeyetrading @thissdax @Rickcapitalng @promisenakpan @UmanaGodswill @oluoftrades 6/ For internal liquidity, we have equal highs, equal lows, trendline & inducement. Note that sometimes you can also use trendline liquidity as external liquidity, same goes for equal highs & lows ( as most people call this double tops and bottom). The question is why do peopleβ¦
@forexeyetrading @thissdax @Rickcapitalng @promisenakpan @UmanaGodswill @oluoftrades @Mona_Trades @DipoAdepoju @Vee_forex 7/ For equal highs and lows, how do we validate these to not mistake it for liquidity sweep or liquidity grab, for the equal lows the right leg must never go below the left leg and for the equal highs the right leg must never go above the left leg. See example.
#Lessismore
#Lessismore
@forexeyetrading @thissdax @Rickcapitalng @promisenakpan @UmanaGodswill @oluoftrades @Mona_Trades @DipoAdepoju @Vee_forex @TradeWithThanos @chaxbtbg @uncommonkvng 8/ In the image above you notice how the blue dot is the left leg and then the right leg is below it, later on the higher equal high ( the first red dot shows the left leg still below the right leg), finally the last red dot swept all equal high liquidity spotted above, same goesβ¦
@forexeyetrading @thissdax @Rickcapitalng @promisenakpan @UmanaGodswill @oluoftrades @Mona_Trades @DipoAdepoju @Vee_forex @TradeWithThanos @chaxbtbg @uncommonkvng @SheEvolves_ @IjewemenFortune @Starr_gael 9/ As shown in the image above, the first equal low is indicated with blue dot as the left leg and we see that the right leg didnβt take the low of the left leg, then for the second example it is not equal low rather liquidity grab as you see the right leg swept the low of theβ¦
@forexeyetrading @thissdax @Rickcapitalng @promisenakpan @UmanaGodswill @oluoftrades @Mona_Trades @DipoAdepoju @Vee_forex @TradeWithThanos @chaxbtbg @uncommonkvng @SheEvolves_ @IjewemenFortune @Starr_gael 10/ One of my favourite type of liquidity is Inducement, the reason is because it gives more confluence to demand or supply, note that it is not 100% guaranteed, you first have to learn and study how to mark out zones. Inducement liquidity is simply early buyers or early sellersβ¦
@forexeyetrading @thissdax @Rickcapitalng @promisenakpan @UmanaGodswill @oluoftrades @Mona_Trades @DipoAdepoju @Vee_forex @TradeWithThanos @chaxbtbg @uncommonkvng @SheEvolves_ @IjewemenFortune @Starr_gael @uncle_temie @SomehCrypto @Techriztm 11/ in the image shown above, the red dot is the inducement liquidity and then the blue dot is actual beginning of the main move, sticking to the fixed RR, no matter where price is going 1:5 RR is all I am after, this can only be cultivated with discipline. #Lessismore
@forexeyetrading @thissdax @Rickcapitalng @promisenakpan @UmanaGodswill @oluoftrades @Mona_Trades @DipoAdepoju @Vee_forex @TradeWithThanos @chaxbtbg @uncommonkvng @SheEvolves_ @IjewemenFortune @Starr_gael @uncle_temie @SomehCrypto @Techriztm 12/ In the first scenario the early buyers profited, this tells you that sometimes inducement will be respected if your stops are below or above your intended entry ( we call it inducement entry [ IE ] another topic for another time), then for the sell scenario early sellersβ¦
@forexeyetrading @thissdax @Rickcapitalng @promisenakpan @UmanaGodswill @oluoftrades @Mona_Trades @DipoAdepoju @Vee_forex @TradeWithThanos @chaxbtbg @uncommonkvng @SheEvolves_ @IjewemenFortune @Starr_gael @uncle_temie @SomehCrypto @Techriztm 13/ Lets have a chart overview of market structure, I already introduced the major structure type, Swing structure, sub and minor. Swing structure is simply the overall direction of price, sub structure are corrections or opposing movement of price going against the intendedβ¦
@forexeyetrading @thissdax @Rickcapitalng @promisenakpan @UmanaGodswill @oluoftrades @Mona_Trades @DipoAdepoju @Vee_forex @TradeWithThanos @chaxbtbg @uncommonkvng @SheEvolves_ @IjewemenFortune @Starr_gael @uncle_temie @SomehCrypto @Techriztm @shabohochi @iamdakejr @TraderRozay @manofserendipty @OsmondSabby @PhronesisKnight 14/ There are different kinds of pullbacks also, but we wonβt dwell on this, structure is the focus here, so far if you are getting what I am saying, always share to also educate your friends finding structure difficult. #Lessismore
@forexeyetrading @thissdax @Rickcapitalng @promisenakpan @UmanaGodswill @oluoftrades @Mona_Trades @DipoAdepoju @Vee_forex @TradeWithThanos @chaxbtbg @uncommonkvng @SheEvolves_ @IjewemenFortune @Starr_gael @uncle_temie @SomehCrypto @Techriztm @shabohochi @iamdakejr @TraderRozay @manofserendipty @OsmondSabby @PhronesisKnight 15/ Study the chart below, the highs and lows ( strong or weak) then the red line with check mark is the first indication of change in trend which you all call choch ( which I never use, cause it is irrelevant with an actual BOS/MSS).
@forexeyetrading @thissdax @Rickcapitalng @promisenakpan @UmanaGodswill @oluoftrades @Mona_Trades @DipoAdepoju @Vee_forex @TradeWithThanos @chaxbtbg @uncommonkvng @SheEvolves_ @IjewemenFortune @Starr_gael @uncle_temie @SomehCrypto @Techriztm @shabohochi @iamdakejr @TraderRozay @manofserendipty @OsmondSabby @PhronesisKnight @KemmaTrades @HeIsTorien @tradernancyy @MadsTheTrader @iambigpaula @andreeatrade @Majorbanksfx 16/ At this point I have exposed enough, go to your chart and study, note that even if you are good with trading you need capital, click this link and acquire funds ( ranging from $8K to $200K) Get 15% OFF using this link: dashboard.goatfundedtrader.com then use POF as coupon uponβ¦
@forexeyetrading @thissdax @Rickcapitalng @promisenakpan @UmanaGodswill @oluoftrades @Mona_Trades @DipoAdepoju @Vee_forex @TradeWithThanos @chaxbtbg @uncommonkvng @SheEvolves_ @IjewemenFortune @Starr_gael @uncle_temie @SomehCrypto @Techriztm @shabohochi @iamdakejr @TraderRozay @manofserendipty @OsmondSabby @PhronesisKnight @KemmaTrades @HeIsTorien @tradernancyy @MadsTheTrader @iambigpaula @andreeatrade @Majorbanksfx 17/ Ensure you give a follow to @trayyon_dmn, @pipscityins & @goatfunded If you want me to create more threads always indicate. #Lessismore
No work No reward - go and study thisπ€π€
No work No reward - go and study thisπ€π€
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