Trading Market Structure like you've never seen before - A-Z Guide Episode 10

Understanding Market Structure and Swing Highs/Lows

• Market structure is composed of swing highs and swing lows.

• Swing highs represent points where price reached a temporary peak.

• Swing lows represent points where price reached a temporary bottom.

• Intermediate term highs and lows are determined by comparing swing highs and lows to those on either side.

• When a swing low has higher swing lows to its left and right, it becomes an intermediate term low.

• Conversely, when a swing high has lower swing highs to its left and right, it becomes an intermediate term high.

"Both swing highs and swing lows contribute to market structure. By understanding the relationships between them, we gain insights into intermediate term highs and lows."

The Importance of Intermediate Term Highs and Lows

• Intermediate term highs and lows provide valuable information about market structure.

• They help us identify the overall trend and potential turning points.

• When price moves from an intermediate term high to an intermediate term low, we can expect a bigger retracement.

• Short-term highs between the intermediate term high and low are typically protected until the intermediate term low is reached.

"Intermediate term highs and lows play a crucial role in understanding market trends and anticipating price movements. Short-term highs are typically protected until we reach the next intermediate term low."

Trading Market Structure

• Intermediate term lows and highs are important levels of support and resistance.

• Price action is currently sweeping a high, and once it takes out the intermediate term low, a bigger retracement is expected.

• The high that is currently protected is not a short-term high anymore, but an intermediate term high.

"We can expect a bigger retracement once we take out the intermediate term low."

Understanding Price Action

• Price action on the 15-minute timeframe shows intermediate term highs and lows.

• These levels are on the outside of the chart and provide important contextual information.

• Intermediate term highs become the next level of resistance after an intermediate term low is taken out.

"There's something there. Can you now understand what the next step is?"

"Intermediate term highs are created after taking out the intermediate term low."

Analyzing the One-Minute Time Frame

• Short-term highs will hold until an intermediate term low is taken out.

• After taking out the intermediate term low, a bigger retracement can be expected.

• A premium array on a higher timeframe, such as the five-minute timeframe, becomes the target for the retracement.

"Short-term highs on the one-minute timeframe will hold until we take out the intermediate term low."

"The retracement will likely reach into a premium array on a higher timeframe."

Identifying Intermediate Term Highs and Lows

• Zooming in on the one-minute timeframe reveals the creation of intermediate term highs and lows.

• Intermediate term highs become important resistance levels after taking out the intermediate term low.

• Short-term lows will hold in between the intermediate term highs and lows.

"Intermediate term highs become resistance levels after taking out the intermediate term low."

Using Fractal Analysis

• The process of identifying intermediate term highs and lows can be applied across different timeframes.

• The premium array target for a retracement will be on a higher timeframe than the current one-minute timeframe.

• Understanding this step-by-step process helps in predicting the market's next moves.

"There is a step-by-step process behind this stuff."

"The next intermediate term high should now hold after taking out the intermediate term low."

Viewing Price Action on Multiple Timeframes

• Intermediate term highs and lows can be seen on different timeframes, such as the 15-minute and five-minute.

• A bigger retracement occurs after taking out the intermediate term low.

• Premium arrays on higher timeframes become important targets for the retracement.

"Intermediate term highs and lows can be seen on different timeframes."

"The retracement will likely reach into a premium array on a higher timeframe."

Watch the video a "couple of times" to fully understand the concepts taught.

Trading Market Structure

• Short-term highs are holding somewhat lower right.

• There is a little bit of filling, then an intermediate return low that is currently rejecting slightly higher.

• It is important to understand that trading is probabilistic, and not every day will be successful.

"Just know that one of those 10 days there will be a shitty day and that's just that just is what it is."

Working towards the Holy Grail

• Understanding the A-Z guide and working on oneself can bring traders closer to the Holy Grail.

• You are the Holy Grail, and shining as bright as possible is the goal.

"You are the Holy Grail and I'm here to show you that and I'm here to let that Holy Grail show to the whole world."

Market Structure Analysis

• On the intermediate-term, there are highs and lows.

• Short-term highs continue to hold until an intermediate-term low is reached.

• The intermediate-term high should ideally not get violated.

"This intermediate-term high should ideally not get violated at all."

Fractal Picture

• Understanding the context of the fractal picture is crucial in market structure analysis.

• Different time frames have short-term and intermediate-term highs and lows.

• The focus is on the bigger fractal picture and the significance of each high and low within it.

"Remember we are still in this bigger fractal picture, so this is still a short-term high on what was it the one hour and an intermediate term high on the 15-minute."

Advanced Lecture on Market Structure

• Market structure analysis can be complex and requires comprehensive study.

• Combining various elements such as order blocks, flood and lot, swing, fair value, and more creates a beautiful market structure.

"Everything in harmony, you are going to have an amazing time in the markets."

Study and Practice

• Studying and practicing market structure analysis is essential to fully understand and apply the concepts.

• Following the outlined steps and dedicating time for study will lead to a deeper comprehension and success in trading.

"Study this, this is a pretty long and intense lecture so you might want to watch this a couple of times."