Simplifying Advanced Market Structure in 20 Minutes | Forex Trading Tutorial — Transcript

Full transcript

1. 0:00welcome ladies and gentlemen to the
2. 0:01advanced Market structure video now
3. 0:04we're going to get started right away
4. 0:06this chart that you have in front of you
5. 0:07right now very clearly you can tell that
6. 0:09this is
7. 0:10gbpnzd and that we are currently on the
8. 0:134-Hour time frame and the market
9. 0:14structure that you have in front of you
10. 0:16is indicating to you that this Market is
11. 0:18bearish but as soon as I snap my fingers
12. 0:21my editors have just zoomed in to only
13. 0:24the chart and now I can flicker down a
14. 0:27couple pairs and now you no longer know
15. 0:30know what Market this is or what time
16. 0:32frame we are on all that you do see is
17. 0:35that you have Market structure in front
18. 0:37of you so it does not matter what
19. 0:40currency pair you have what stock pair
20. 0:42you have what crypto markets in front of
21. 0:44you binaries anything that has a chart
22. 0:48has Market structure you can't tell what
23. 0:50Market this is and you can't tell what
24. 0:52time frame this is what you could tell
25. 0:55is that this Market is bullish or
26. 0:57bearish Market structure is Absolut
27. 0:59absolutely everything in the market and
28. 1:01in this video I'm going to be explaining
29. 1:03to you the advanced way on how to look
30. 1:04at Market structure and not care about
31. 1:07the time frame and not care about the
32. 1:09markets behind the market structure
33. 1:12welcome to the advanced Market structure
34. 1:14video oh and by the way this Market is
35. 1:17audusd and it's on the 4our I can go
36. 1:20back in and I can change a couple
37. 1:22different pairs and I can change to a
38. 1:23different time frame and I can snap my
39. 1:25fingers again and we're add a new
40. 1:27currency pair and now here you can't
41. 1:29tell if we're on the higher time frame
42. 1:31or what pair we on and this is actually
43. 1:34nzdusd on the 15-minute time frame
44. 1:37Market structure is key everything else
45. 1:39does not matter so let's begin with the
46. 1:41most important thing when identifying
47. 1:43Market structure which is going to be
48. 1:46higher highs and higher lows if a market
49. 1:48is bullish a market is consisted of
50. 1:51higher highs and higher lows it is
51. 1:54impossible and I I cannot stress this as
52. 1:58much as I wish I can it is is impossible
53. 2:00to have a bullish Market without a
54. 2:03higher high or a higher low a higher
55. 2:06high tends to be the highest points of
56. 2:08where that current market structure is
57. 2:10and the last higher low is the last
58. 2:14higher low not the highest low or the
59. 2:17most low low I don't know why people
60. 2:19confuse this and this is a advanced
61. 2:22video so I want you guys to understand
62. 2:24the importance of reading this correctly
63. 2:26because it's going to be a lot easier
64. 2:27for you to enter trades and capital ize
65. 2:30off of them in the future so we know
66. 2:32that this is the higher high and this is
67. 2:33the higher low the market will remain
68. 2:35bullish as long as we stay in between
69. 2:38this higher high and higher low the
70. 2:41moment we body close above or under this
71. 2:45line is when we will have a shift in the
72. 2:47market if we close Above This higher
73. 2:50high that means we've created a new
74. 2:52higher high and the higher low has to be
75. 2:56the last higher low the simplest way of
76. 2:58reading that is going to the highest
77. 3:01point and I like using my snake trick
78. 3:04where I simply get this body of the
79. 3:06snake and at the moment that the snake
80. 3:08has a sharp turn that is the most higher
81. 3:12low a snake when it wants to move in a
82. 3:16different direction it goes and then it
83. 3:18turns and then it turns and then it
84. 3:20turns the market when it wants to move
85. 3:22in a different direction it turns as
86. 3:24well so this is the market turning from
87. 3:28being this high higher low to then this
88. 3:32higher low and once again as long as the
89. 3:35market stays in between this higher high
90. 3:39and this higher low the market will be
91. 3:42bullish now we can get as close as we
92. 3:45can as we did to this point right here
93. 3:47and we still would be bullish remember
94. 3:50we are only shifting Market if we body
95. 3:54Candlestick close above or if we close
96. 3:57under if I take this to the chart for
97. 4:00example let's say that this would be the
98. 4:02higher high right here and that this
99. 4:05would be the higher low right here this
100. 4:08is the head of the snake at this point
101. 4:10right here the snake goes it turned then
102. 4:14it keeps going down this is the higher
103. 4:16low we do not place the higher high or
104. 4:20higher low at the Wicks of a certain
105. 4:22move or at the Wicks of a certain move
106. 4:26higher highs and higher lows are placed
107. 4:27at the bodies of the candlestick because
108. 4:30this is where the market structure is if
109. 4:33I were to come into here and I would
110. 4:34erase the candlesticks and go to the
111. 4:36line chart you can see that the
112. 4:38structure is at this higher low and at
113. 4:42this higher high if we go back to the
114. 4:44candlesticks you can see that the Wicks
115. 4:46are just the trail of where the market
116. 4:49went but it's not the actual Market
117. 4:51structure so once again it is impossible
118. 4:54to have a bullish Market without a
119. 4:56higher high or a higher low the market
120. 4:59will remain bullish as long as we stay
121. 5:02in between the higher high and higher
122. 5:05low the moment we body close above we
123. 5:08have then created a new higher high and
124. 5:11we must have a new higher low once we
125. 5:15have a new higher high it is impossible
126. 5:19to have a new higher high without a new
127. 5:22higher low and as long as we don't body
128. 5:23close above either one of these lines
129. 5:26this Market will remain bullish until we
130. 5:28close above or we close under and that
131. 5:31is one of the main issues with Traders
132. 5:33nowadays because they just pull up to a
133. 5:35chart and because they see the overall
134. 5:37movement heading up or the overall
135. 5:39movement heading down they think a
136. 5:41market is bullish or a market is bearish
137. 5:44and that cannot be further from the
138. 5:45truth this is one of the biggest
139. 5:47mistakes that Traders make and say they
140. 5:49are not analyzing the market structure
141. 5:51correctly they are not analyzing the
142. 5:53trend of the market correctly the
143. 5:55simplest example that I can leave of
144. 5:57this is let's say that you you are
145. 6:00hunting and a hunter in order for it to
146. 6:03catch its prey they follow footsteps or
147. 6:06the tracks of an animal if you aren't
148. 6:08reading correctly the tracks of an
149. 6:11animal if it's going in one direction or
150. 6:14if it was coming towards this direction
151. 6:16you can completely be walking the
152. 6:19opposite way of where the animal is
153. 6:21going and this is exactly what people do
154. 6:24when they analyze the markets
155. 6:25incorrectly they can assume that they're
156. 6:28reading it correctly but are actually
157. 6:29doing the complete opposite and just
158. 6:31digging themselves in a deeper hole and
159. 6:34this right here is a perfect example up
160. 6:36to every single example that I have just
161. 6:38showing you guys right now this Market
162. 6:39was bullish until we body Candlestick
163. 6:43closed under this higher low if you're a
164. 6:45begin a Trader and I show you this chart
165. 6:47like this you'll probably say that this
166. 6:49Market is bullish because you would look
167. 6:50at it and you would take an assumption
168. 6:52that overall this is bullish because
169. 6:55it's just heading to the upside but that
170. 6:57cannot be further from the truth why
171. 7:00because this once upon a time was the
172. 7:03higher high and then this was the higher
173. 7:06low the fact that the market has now
174. 7:08body Candlestick close under this area
175. 7:11means that this Market is now bearish we
176. 7:13have shifted the market structure from
177. 7:16being bullish to bearish so so has the
178. 7:19trend the trend is identified by the
179. 7:22market structure without Market
180. 7:24structure you cannot identify the trend
181. 7:27without Footprints or tracks when you go
182. 7:30hunting you cannot tell if there's an
183. 7:32animal there and where it is going it is
184. 7:35absolutely impossible is absolutely
185. 7:38impossible to tell this is bullish
186. 7:39bearish without the market structure so
187. 7:42since this has now created a new lower
188. 7:44low this becomes the new lower low and
189. 7:48you must need a new lower high it is
190. 7:53impossible to have a new lower low
191. 7:56without a new lower high so if we were
192. 7:59to implement the exact same snake trick
193. 8:01you get the head of the snake right here
194. 8:03you follow the body here and as soon as
195. 8:06the movement turns this now becomes the
196. 8:10new lower high that is where the snake
197. 8:12has shifted that is the last lower high
198. 8:15that the market has left now exactly the
199. 8:18same as when the market was bullish this
200. 8:21Market can do absolutely whatever it
201. 8:23wants inside of here as long as we don't
202. 8:25body Candlestick close above or below
203. 8:29the lower high or lower low we will
204. 8:31remain bearish if we decide from this
205. 8:35point right here to then do this we have
206. 8:38created a new lower low meaning we must
207. 8:42need a new lower high and a new lower
208. 8:45high is identified by getting the head
209. 8:47of the snake following it back and as
210. 8:50soon as you get the turn that is where
211. 8:52the new lower high is placed it is very
212. 8:55easy and very straightforward now same
213. 8:58exact thing happens the the moment the
214. 8:59body Candlestick closes above we have
215. 9:03now shifted and now this is a new higher
216. 9:05high this becomes a higher high it is
217. 9:08impossible to have a higher high without
218. 9:10a higher low so then this higher low
219. 9:13will then shift to then this new point
220. 9:17right here this is the simplest and most
221. 9:20advanced version of Market structure
222. 9:23just to identify what the market is
223. 9:25doing because a somewhat experienced
224. 9:28Trader that still hasn't figured it out
225. 9:30just yet can look at this market and be
226. 9:32like oh this Market is in consolidation
227. 9:36this Market is choppy it's an a ranging
228. 9:38Market sure it could be an a ranging
229. 9:41Market but inside of a ranging Market
230. 9:44there is Market structure now what is
231. 9:47the market structure doing is the market
232. 9:49structure bullish or is the market
233. 9:51structure bearish it does not matter if
234. 9:53it is even a market structure that is as
235. 9:56tight as this one right here it can be
236. 9:58in the most choppy movement that you
237. 10:01have ever seen in your life where it is
238. 10:03in the exact same spot for weeks months
239. 10:07years it can be in the exact same spot
240. 10:09forever but there is Market structure
241. 10:13inside of this consolidation move right
242. 10:16here and I want to test you I want to
243. 10:18see if you've been paying attention up
244. 10:21to this point right now pause the video
245. 10:23and tell me inside of that consolidation
246. 10:26is this Market bullish or is this Market
247. 10:29bearish and you know what to make it a
248. 10:31little bit easier I've decided to make
249. 10:32it a little bit bigger so you can go
250. 10:33ahead and take your time and not make a
251. 10:35mistake pay attention to what I just
252. 10:37said now that you have your answer I
253. 10:39want you to know exactly why you have
254. 10:41your answer you might be correct or you
255. 10:43might be incorrect but I want you to
256. 10:45know exactly why you're correct or
257. 10:47exactly why you're incorrect this Market
258. 10:49started off as creating a higher high
259. 10:53and this point down here was then the
260. 10:56higher low as long as we remain above or
261. 10:59under the higher low we will then
262. 11:02continue to be bullish the market body
263. 11:05Candlestick closed at that very point
264. 11:08right there yes something as small as
265. 11:10that counts as a shift of structure
266. 11:13because the market simply did shift
267. 11:16structure so then this becomes the new
268. 11:18higher low this low point right here
269. 11:20that closed under this line then we need
270. 11:25a new lower high it is impossible to
271. 11:27have a lower low without a lower high we
272. 11:29get the head of the snake and then we
273. 11:31follow it up where does it turn right
274. 11:34here this is the snake trick and that is
275. 11:37the new lower high cool as long as we
276. 11:41remain above or under these lines we
277. 11:43will remain bearish we body Candlestick
278. 11:45closed above at this very point right
279. 11:48here where then is has shifted to then
280. 11:52being bullish this is the new higher
281. 11:54high we do the snake trick this becomes
282. 11:57the new higher low at this point point
283. 11:59right here we shifted bearish once again
284. 12:02here now that we've shifted bearish we
285. 12:04do the snake trick it turns and this
286. 12:06becomes the lower high this becomes a
287. 12:09new higher high so on and so forth this
288. 12:11becomes a new higher high after this
289. 12:13point the market did not shift up into
290. 12:16this point this becomes a new higher
291. 12:18high and then this becomes the higher
292. 12:21low body candle stick close under this
293. 12:25now shifts bearish this is now the head
294. 12:28of the snake and if we follow the body
295. 12:30of the snake this is where it turned so
296. 12:32this becomes the lower high and this
297. 12:35Market structure as of right now in this
298. 12:38ranging Market is bearish so if you
299. 12:41answered this correctly make sure you
300. 12:43know exactly how you did it correctly if
301. 12:45you answered it correctly and you didn't
302. 12:47do it like this you simply answered it
303. 12:50correctly without knowing how to analyze
304. 12:52the market correctly so make sure you
305. 12:54write down these notes because it's so
306. 12:56important to executing trades and making
307. 12:58money so now that you understand that to
308. 13:00Perfection because it is very simple I
309. 13:02want to ask you once again another quiz
310. 13:04is this Market bullish or is this market
311. 13:07bearish now pause the video line it up
312. 13:10and why do you think it's bullish why do
313. 13:12you think it's bearish place your lower
314. 13:13high your lower low your higher high and
315. 13:15higher low make a mistake cuz I'm going
316. 13:17to be right here to fix it for you live
317. 13:19go ahead pause the video so now that
318. 13:21you've made a mistake probably or not if
319. 13:23you were paying attention in the last
320. 13:24couple of minutes this Market currently
321. 13:27started off creating a lower low lower
322. 13:31high lower low lower high lower low
323. 13:35lower high lower low lower high and
324. 13:40lower low this is how this Market would
325. 13:42have looked if I would have presented it
326. 13:44to you on the line chart this is how I
327. 13:46see this Market in the Candlestick chart
328. 13:50this Market is inde the bearish and this
329. 13:53point right here is the lower high and
330. 13:56this point right here is now the lower
331. 13:59low it is very simple very straight to
332. 14:02the point until this Market does not
333. 14:05body Candlestick close above this point
334. 14:08or this point there will be no shift in
335. 14:11structure in this market same exact
336. 14:13thing right here this is the lower high
337. 14:16this is the lower low so the market does
338. 14:18not buy the Candlestick close above or
339. 14:20under there is no shift in this market
340. 14:23this Market will remain bearish into
341. 14:25that very point and you want to know the
342. 14:27craziest part that you didn't even know
343. 14:29what time frame this was on you can't
344. 14:32tell if this is on the daily if this is
345. 14:34on the weekly or if this is on the one
346. 14:36minute you want to know the best part
347. 14:39you will never know and I wanted you
348. 14:41guys to identify that market for what
349. 14:43the market is not because it's a crypto
350. 14:46and the crypto's down or because it's a
351. 14:48stock and the stock is strong or because
352. 14:50it's a currency pair and one pair is
353. 14:52stronger than the other that does not
354. 14:54matter when you're reading Market
355. 14:55structure when you're reading Market
356. 14:56structure you're reading Market
357. 14:58structure and that is is it now we are
358. 15:00on to the next Quiz once again pause
359. 15:02this video is this Market bullish or is
360. 15:05this Market bearish Place your higher
361. 15:07highs and place your higher lows or your
362. 15:10lower highs and lower lows so now that
363. 15:12you have placed your higher highs and
364. 15:13higher lows let's see if you're correct
365. 15:15this Market currently at this very
366. 15:18moment started off creating a lower low
367. 15:22lower high lower
368. 15:25low higher high higher low high higher
369. 15:29high and now we have a lower low this
370. 15:33Market went from creating bullish
371. 15:35structure to now shifting to bearish
372. 15:38structure this was the higher low at one
373. 15:42point and this was the higher high at
374. 15:46another the moment the Candlestick close
375. 15:48under this has now shifted to being the
376. 15:51lower low and this has now shifted to
377. 15:54being the lower high reading Market
378. 15:56structure is so essential to
379. 15:59understanding what the market is going
380. 16:01to be doing so you can make an execution
381. 16:03on a trade and make money the best
382. 16:05example that I can put of this is let's
383. 16:08say an experienced Hunter an experienced
384. 16:10Hunter they're going to be able to see
385. 16:12the track of an animal identify what
386. 16:16type of animal it is if it's a male or a
387. 16:19female and if that animal is heading to
388. 16:22the North heading to the east heading
389. 16:24down to rever to drink water whatever
390. 16:26the case is this is what we are looking
391. 16:29at right here we are looking at the
392. 16:31tracks of the market we're able to
393. 16:34identify is this Market going to the
394. 16:36upside is this Market going to the
395. 16:38downside the different types of time
396. 16:41frames let us know the details of the
397. 16:44movement but it's the exact same
398. 16:46movement a hunter can look at a track
399. 16:48and if he looks at it with his vision if
400. 16:51he puts on glasses gets a microscope
401. 16:53takes a picture scans it it's the exact
402. 16:56same track it's just different ways to
403. 16:58identify it so he gets a better idea
404. 17:00what animal it is and what age it has
405. 17:03and what direction it's headed when
406. 17:05we're looking at the market when we zoom
407. 17:07in into the lower time frames and go to
408. 17:09the higher time frames we're looking at
409. 17:11the exact same Market structure just
410. 17:13more details of it so we have a better
411. 17:16understanding of how much more can this
412. 17:18move go how long can we have on our
413. 17:22stop-loss on a takeprofit where should
414. 17:24we see this going within a week within a
415. 17:26month is this Market even actually going
416. 17:28going to go there we're just looking at
417. 17:30the same movement just in a little bit
418. 17:32more detail so with reading the market
419. 17:33structure correctly you're going to be
420. 17:35able to understand where the market is
421. 17:37headed and then there you can decide
422. 17:39what you're going to do is it the right
423. 17:40time to execute a trade should I wait or
424. 17:43do I need something else for the market
425. 17:45to happen for me to execute a trade
426. 17:47perfect example is the hunter the hunter
427. 17:49can see what type of track it is let's
428. 17:51say he identifies that it's an elk and
429. 17:53you could tell by the size of the
430. 17:55footprint that it's a very big male elk
431. 17:58but the elk elk is headed up a mountain
432. 18:01and usually Elks when they head up a
433. 18:03mountain it's to eat food but for at
434. 18:05night time they come back down again I'm
435. 18:08not a hunter this is just a theory but
436. 18:11at that very moment of you looking at
437. 18:12that track it's early in the morning
438. 18:15does it make logical sense for you to go
439. 18:17up that mountain behind the elk or
440. 18:19should you wait till a little bit later
441. 18:20in the afternoon and wait for it to come
442. 18:23back down the mountain so then you can
443. 18:24go and proceed your shop once the elk
444. 18:27comes to you this is the exact same
445. 18:29thing in the markets when you do Market
446. 18:31structure and you do your top analysis
447. 18:33and you understand if the market is
448. 18:34bullish or bearish you can decide should
449. 18:37I go and chase this market and continue
450. 18:39buying with it or is the market at too
451. 18:41much of a high price or too much at a
452. 18:44low price and wait for a retracement so
453. 18:46then I can execute the trade you
454. 18:48identifying the market structure
455. 18:50correctly will let you know exactly at
456. 18:53what point the market is and you can
457. 18:55make a decision off of that right then
458. 18:58and there which the majority of the time
459. 19:00is going to give you anywhere from a 60
460. 19:02to 75% accuracy on every single one of
461. 19:04your trades and to show you how easy
462. 19:06this is let me show you so right here
463. 19:08you can clearly identify that this
464. 19:11Market structure at this very moment is
465. 19:14bearish this Market was creating lower
466. 19:16low shifted to bullish then shifted
467. 19:18right back to bearish and now we have a
468. 19:21lower high and a lower low making this
469. 19:23market bearish now that this Market is
470. 19:26bearish it is at a lower low now you can
471. 19:28make a decision at this lower low should
472. 19:31I sell at the lowest point this Market
473. 19:34has which in turn if I were to flip this
474. 19:38chart around it is should I buy at the
475. 19:41highest point this Market is or should I
476. 19:45wait for some type of retracement and
477. 19:48when we have this retracement now I'm
478. 19:50getting a better rate on the investment
479. 19:53that I'm making it makes more of a
480. 19:54logical sense so then I have a greater
481. 19:56return that is exactly what Market
482. 19:58structure does and it gives you the
483. 20:00perfect entry point to doing that and I
484. 20:02have this video for you right here which
485. 20:04is the top down analysis video which I
486. 20:06explain to the te on how to use this
487. 20:09Market structure to properly do a top-
488. 20:11down analysis and where and when and how
489. 20:14to execute a trade so you're able to
490. 20:16capitalize off of correctly reading the
491. 20:19market structure Market structure is
492. 20:21only 50% of the problem now how you do
493. 20:24that together with top analysis entry
494. 20:26signal and trading at the the right
495. 20:29times is where you actually make the
496. 20:31money that's what this video is about so
497. 20:32make sure you guys go ahead and check it
498. 20:34out because I break down absolutely
499. 20:36everything for free thank you guys very
500. 20:38much for watching this video all the way
501. 20:39to the end hit that like And subscribe
502. 20:41button and I will see you guys in the
503. 20:43next video