How To Understand Market Structure FOREX SMC Part 1

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=Pd9ASRCHWmQ

Boost your win rate, skyrocket your reward:risk ratio, and get extreme clarity by following this mechanical process for mapping market structure. 👇 • 📥 FREE TRAINING + CHEATSHEETS: • https://www.photontradingfx.com/free-... • • 🚀 PHOTON MENTORSHIP: • Become a $400k Funded Trader Within 12 Months: • https://www.photontradingfx.com/ • 📉 PHOTON ANALYSIS SERVICE: • https://www.photontradingfx.com/analy... • • 🏦 MY RECOMMENDED BROKER: • https://bit.ly/3pHq6O2 • • SOCIALS: • 📸 Instagram @photontrading • / photontrading • @mattdonfx • / mattdonfx • ------------- • 0:00 Intro • 2:18 Importance of structure • 4:22 Basic market structure • 10:09 Strong vs weak highs lows • 13:03 Trend changes • 16:30 Change of character (CHoCH) • 22:35 Structure mapping types • 26:24 Chart walkthrough • 36:48 Outro • Market structure is the overall order flow of the forex market and provides us with a mechanical framework to read and understand price. • When you understand and map market structure correctly, it massively increases the probability of understanding where price is more likely to go to next, but also the behaviour of how price will likely move to get there. • You need to have a mechanical method for mapping market structure consistently the same way every single time. If you can be consistent in your approach to analysing the FX market, then you increase the probability of achieving consistent results within an uncertain market environment. • KEY POINTS • Bullish trend/OF - higher highs and higher lows • Bearish trend/OF - lower lows and lower highs • Swing high - highest point that caused the swing low • Swing low - lowest point thar caused the swing high • Strong low - lows that caused highs (HL’s) • Strong high - highs that caused lows (LH’s) • After a break of structure (BOS) - expect a pullback on that timeframe • CHoCH - bullish structure changing to bearish structure (vice versa) • Can signal that a swing run has ended and a swing pullback has started • Can signal that a swing pullback has ended and the next swing run has started • #marketstructure #smartmoneyconcepts #forex #breakofstructure #forextrading #forexbeginner #smc #forexbasics

#############################

New on site