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  • #361
  • Nov 25, 2016 5:16am Nov 25, 2016 5:16am
Quoting WDays
Yesterday I started making a detailed blueprint on Market Structure, but I figured it would be way too long and not really clear to post as a block of text. Which is why I made a presentation and today I'll make it into a video, so you can look forward to that today.
Awesome, looking forward to it!
thinking outside the box
  • #362
  • Nov 25, 2016 8:09am Nov 25, 2016 8:09am
Quoting WDays
{quote} To me, range completion would mean a symmetrical move in the opposite direction, back to where the first movement came from. It looks like a V or an upside-down V on our charts. Price on EU went into a historical low and bounced from it. It did, however complete the range. This concept is based on the fact that markets oscillate up and down, and eventually price will go back to whence it came from.
Thanks for the prompt reply. Theoretically our expectation would now be to look for a retrace back to the origin of the move down at about 1,11 (supply). On its way up, there are some levels of interest that need to get violated (most importantly previous month low - former swing low).

Below is NGAS. This asset made a nice move south and is now on it's way back north. I was looking for a bounce off the green rectangle on its way up, but didn't get the touch. I made some notes on the chart to grasp if I do get the idea of range completion. Basically we expect the market to complete a range (which is the origin of the move up or down). If we have a violation we look for the next higher range.

Attached Image (click to enlarge)
Click to Enlarge Name: NGAS.png Size: 203 KB
Never stop to learn
  • #363
  • Nov 26, 2016 7:57am Nov 26, 2016 7:57am
Market Structure

Inserted Video


As promised. Forgive me for the slight delay. Unfortunately I cannot upload the PPT file.
  • #364
  • Nov 26, 2016 7:59am Nov 26, 2016 7:59am
Quoting Whatsmyname
{quote} Thanks for the prompt reply. Theoretically our expectation would now be to look for a retrace back to the origin of the move down at about 1,11 (supply). On its way up, there are some levels of interest that need to get violated (most importantly previous month low - former swing low). Below is NGAS. This asset made a nice move south and is now on it's way back north. I was looking for a bounce off the green rectangle on its way up, but didn't get the touch. I made some notes on the chart to grasp if I do get the idea of range completion....
It's not something that I monitor, but I guess I agree with your analysis. Beware though, when looking for Sup & Dem candles, avoid taking the ones that form inside a consolidation. Look at biggest juicy candle you can find, like I've shown below.
Attached Image (click to enlarge)
Click to Enlarge Name: NGAS.png Size: 186 KB
  • #365
  • Nov 28, 2016 2:14am Nov 28, 2016 2:14am
I didn't think about the consolodation. Looking at the candle you are pointing at, would you have considered that as an entry (looking to the immediate left)? The strong move up, and than price comes back to the start of the move. Just crossed my mind looking at the chart again.

I do not really Monitor this asset either. I just put it couple days ago on my list. The reason to take this asset is simply to have a neutral view on the supply/deamand and price action for a better understanding of what you show us.

The Supply level shown on the pic above got busted. There was no money at stack. But from the look of above chart it looked pretty apealing to take a short trade.

Attached Image (click to enlarge)
Click to Enlarge Name: NGAS H4.png Size: 82 KB


I left the original levels on the chart and added some more. The green lines represent Demand and the orange line Supply. Price broke the previous range and is completing the next range. With the recent swing high taken out, we'd expect a pullback to one of the green lines. Since we have a strong close above the swing high, we would not expect to see a strong pullback. We'd look for price hit the first green line (counting from top).

Am I getting the idea? I might be putting in some of my own thoughs. But am interested in how you would look at this asset.
Never stop to learn
  • #366
  • Nov 28, 2016 4:40am Nov 28, 2016 4:40am
Quoting WDays
Market Structure https://www.youtube.com/watch?v=yTNO...ature=youtu.be As promised. Forgive me for the slight delay. Unfortunately I cannot upload the PPT file.
Great Video, very informative!
thinking outside the box
  • #367
  • Nov 28, 2016 6:32am Nov 28, 2016 6:32am
Hello Alex, did you managed to grab this position on Fiber? The bounce from H4 supply in direction of D1 Structure, also a Fakeout above 1.0650 RN to grab liquidity, confirmed by the USDx failing to break 100.60.
The only thing I don't know how to handle is the large Asia session, how do you manage those days?
Also would you agree we may see the Fiber go into a consolidation on this upcoming week and is better to wait for longer term market structure to form before entering?

PS: Green area is demand from H4, I expect some reaction there however I'm unwilling to enter as it goes againt D1 market structure.

best regards
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd-h1-fxopen-investments-inc.png Size: 51 KB
Click to Enlarge Name: eurusd-m15-fxopen-investments-inc.png Size: 36 KB
thinking outside the box
  • #368
  • Nov 28, 2016 7:47am Nov 28, 2016 7:47am
Quoting Mercennary
Hello Alex, did you managed to grab this position on Fiber? The bounce from H4 supply in direction of D1 Structure, also a Fakeout above 1.0650 RN to grab liquidity, confirmed by the USDx failing to break 100.60. The only thing I don't know how to handle is the large Asia session, how do you manage those days? Also would you agree we may see the Fiber go into a consolidation on this upcoming week and is better to wait for longer term market structure to form before entering? PS: Green area is demand from H4, I expect some reaction there however...
Unfortunately I didn't, I wasn't around when it happened. Did you? It's an excellent read of the pair, well done! (y)

We have a break of market structure on EU and price retraced. This could just be a stop raid, because USDx did not make a lower low, but an equal low. EU is in consolidation, but looking for targets within the range is my strategy for now.

Will see how it plays out and probably act on it tomorrow.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 50 KB
Click to Enlarge Name: USDXH4.png Size: 44 KB
  • #369
  • Nov 28, 2016 7:55am Nov 28, 2016 7:55am
Quoting WDays
{quote} Unfortunately I didn't, I wasn't around when it happened. Did you? It's an excellent read of the pair, well done! (y) We have a break of market structure on EU and price retraced. This could just be a stop raid, because USDx did not make a lower low, but an equal low. EU is in consolidation, but looking for targets within the range is my strategy for now. Will see how it plays out and probably act on it tomorrow. {image} {image}
Thanks but I also missed, it was good for 100pips and its still dropping. Could you elaborate on how do you trade inside longer term consolidation? Sorry to bother again
thinking outside the box
  • #370
  • Nov 28, 2016 7:56am Nov 28, 2016 7:56am
Quoting Whatsmyname
I didn't think about the consolodation. Looking at the candle you are pointing at, would you have considered that as an entry (looking to the immediate left)? The strong move up, and than price comes back to the start of the move. Just crossed my mind looking at the chart again. I do not really Monitor this asset either. I just put it couple days ago on my list. The reason to take this asset is simply to have a neutral view on the supply/deamand and price action for a better understanding of what you show us. The Supply level shown on the pic above...
Generally speaking, if we're in a rally, supply areas need to be broken and demand areas need to hold and the other way around in a decline. This is why, when trading with the trend, we use the "range completion" principle to determine targets for our trades. In technical analysis, we want to look slightly beyond, and look for a range completion + Supply area for our trend reversal point. However, when a range is complete and price attacks the next level (wider range), there is also a market structure shift. When price bust up through the level, it also caused a shift in market structure. I believe the level you highlighted should have held and price would have dipped a little, in a corrective way. Bias is still to the upside until the widest range is complete I'd say, though.

NGas is probably not your typical chart, because there are also a couple of more fundamentals in play, so you may see new momentum (as it so happened).
  • #371
  • Nov 28, 2016 7:59am Nov 28, 2016 7:59am
Quoting Mercennary
{quote} Thanks but I also missed, it was good for 100pips and its still dropping. Could you elaborate on how do you trade inside longer term consolidation? Sorry to bother again
It depends on how wide the range is. If it's wide enough, I will look for price to attack liquidity on both sides of the market and base trade ideas on that. I will no longer look for price to set a high and fade the rally, or set a low and fade the decline.

Sometimes I will try to stay within a smaller range and collapse the trade before it goes for the high or low. It all depends on the exact type of consolidation we have on our hands. A lot of times it's so bad, that I have to stay away from any entries and just ride it out.
  • #372
  • Nov 28, 2016 8:02am Nov 28, 2016 8:02am
I realize I've thrown a lot of stuff at you guys, and it may become confusing. At some point I will try to adequately categorize the information. I've an idea how I can do that, but it's still kinda in development. It will probably include a series of videos, though.
  • #373
  • Nov 28, 2016 10:49am Nov 28, 2016 10:49am
Quoting WDays
I realize I've thrown a lot of stuff at you guys, and it may become confusing. At some point I will try to adequately categorize the information. I've an idea how I can do that, but it's still kinda in development. It will probably include a series of videos, though.
Can you post some image examples of intermediate HH's, LL's and etc. In the video it was confusing?
Looking for profitable short term trades ...|
  • #374
  • Nov 28, 2016 11:33am Nov 28, 2016 11:33am
Quoting Mercennary
Hello Alex, did you managed to grab this position on Fiber? ....
Hello Mercennary,

what does mean Fiber?

Thank you
  • #375
  • Nov 28, 2016 12:45pm Nov 28, 2016 12:45pm
Quoting lifon
{quote} Hello Mercennary, what does mean Fiber? Thank you
http://www.cutthespread.com/spread-b...airs-nicknames

''EUR/USD
This is one of the most traded pairs and it is usually referred as simply the Euro. In certain occasions it is possible to hear it be called as Fiber.''
  • #376
  • Nov 28, 2016 12:56pm Nov 28, 2016 12:56pm
Quoting Js3mwtRc
{quote} Can you post some image examples of intermediate HH's, LL's and etc. In the video it was confusing?
Something like this
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 47 KB
  • #377
  • Nov 28, 2016 6:16pm Nov 28, 2016 6:16pm
Quoting WDays
{quote} Something like this {image}
We may see some opportunities to go long on the EU this Week if that structure confirms itself as USDx is overbought and smart money is taking profits. What do you think?
thinking outside the box
  • #378
  • Nov 28, 2016 11:24pm Nov 28, 2016 11:24pm
I very appreciate this thread.

But please, don't use currency nicknames and a lot of special abbreviations.

What does mean ST or IT Low? Lower Low is clear. List of abbreviations could be great (in first post).

Video for teaching is not good idea. For not English native speaker is problem to understand. Every viewer should make a lot of notes. It often will be not exact.

Texts and images are much more better. Idealy in first post or near or link from first post. Text could be gradually improving.

Thank all in advance.
  • #379
  • Nov 29, 2016 12:04am Nov 29, 2016 12:04am
WDays,it is an indicator of instaforex_us_dollar.zipthe dollar may see will be useful.
Attached File(s)
File Type: zip instaforex_us_dollar.zip   2 KB | 431 downloads
To learn how to swim , you first need to enter the water!
  • #380
  • Nov 29, 2016 12:21am Nov 29, 2016 12:21am
Quoting lifon
I very appreciate this thread. But please, don't use currency nicknames and a lot of special abbreviations. What does mean ST or IT Low? Lower Low is clear. List of abbreviations could be great (in first post). Video for teaching is not good idea. For not English native speaker is problem to understand. Every viewer should make a lot of notes. It often will be not exact. Texts and images are much more better. Idealy in first post or near or link from first post. Text could be gradually improving. Thank all in advance.
Hello Lifon,

for the videos, which I personally think are excellent, you can click on the button to watch it in Youtube. Click on the 'Settings' tab and select 'Subtitles'. From there you can then select 'Auto-Translate'. This will translate the spoken text into any language you care to select.

Hope this helps.

Do you want me to make a video on how to do this? Lol.
One against the many.
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