■Most important concept among all.
•A trader will be profitable if he reads market structure correctly.
Setups wont matter if you are able to read structure correctly
●Very important concept this
You may have heard price is fractal
That is true but how do we use that.
•IF WE HAVE HTF BULLISH ORDERFLOW THEN WE LOOK TO HOLD LONGS ON LTF AND SCALP SHORTS.
IF WE HAVE HTF BEARISH OF THEN WE LOOK TO HOLD SHORTS ON LTF AND SCALP LONG.
Taking recent pa for example
•HERE HTF IS BULLISH
and as you can see my ltf longs gave nice profits.
•here htf is 4h
Ltf is 15m though execution was on 5m.
•Here is eth for example
To have some variety in example Htf in this is 1hr Ltf is 3m Execution is 1m
■IMPORTANT NOTES
1. Htf is what we use to have bias
Ltf is for execution
2. We can trade against bias but i prefer scalps only.
If we are going with bias then we can hold trades for linger and use higher margins.
■HOW TO SPOT A MARKET STRUCTURE TREND OR MARKET STRUCTURE BREAK
•To shift bullish market structure to bearish i.e.. bearish market structure break.
We have to use higher low which took place just before the last higher high.
Watch this example to understand it better
The red line is the prominent higher low before higher high.
▪︎Example
Look at this example
•Market shifts to bearish only when we break a low which have higher high next to it.
•market shifts to bullish when we break a high having lower low next to it.
🚨MSB IS CONSIDERED ONLY IF WE HAVE A CANDLE CLOSE WICKS NOT ALLOWED. WICKS CLOSE ON HTF IS SWING FAILURE PATTERN