Understanding market structure is one of the most critical aspect of becoming a consistent, lucrative and a successful trader. Really understanding market structure and how you place yourself in any order flow. Some traders continue to trade using a basic rule based “system” with a “good
WHAT IS MARKET STRUCTURE!?Market structure definition: The framework or structure that any particular market is presently trading in. A market structure may assist you to comprehend the behavior, state, and present flow of the market. It indicates support and resistance levels, swing highs, and swing lowsMarket
Knowledge Deficiency – Most new FOREX traders don’t take the time to learn what drives currency rates (primarily fundamentals). When news or a statement is due out they must close out their positions and sit out the best trading opportunities. They are taught to only trade