Being able to identify and analyze forex market structure is a goal that all aspiring traders have. In this video, I will show you exactly what market structure is and how to use it. Trading is all about being able to use probabilities and statistics to anticipate the future market direction. Too often traders think they need 5,000 different indicators on their charts and some secret strategy. In reality, the best thing a trader could do is strip down the charts and focus on pure price action.
What is meant by Forex Market Structure?
This is something you may be asking yourself right now. Although the forex markets may seem like completely random, unpredictable mayhem- it actually moves with structure and in patterns. As Mark Twain once said, “History doesn’t repeat itself, but it does rhyme”. Understanding this structure is the key to anticipating where price is heading and how to make money capturing these moves.
Learn Forex Market Structure Now
Forex market structure begins with identifying the peaks and valleys price creates as it moves. We identify these as Higher Highs, Higher Lows, Lower Lows, and Lower Highs. This is the movement and flow price follow that allows us to anticipate where it is headed in the future. In this video, I will show you how to properly identify this market movement and begin training your eyes to easily identify it on any chart in any market.