Disliked{quote} Wow if we could get you interested this thread would go along way, I only trade manual, I know it obvious but if you start from a big picture you can then just break down the Octaves into smaller sub sets which then become Octaves in there own right on smaller timeframes {image} {image}Ignored
Hi Dave,
We need to understand that it is the Markets Flow that causes Market Structure.
When we see the Market fall, like in the AUD/USD example below, and then stop and reverse we need to understand the forces that are operating to make this happen.
For every Seller there has to be an equal Buyer to take the other side of the Trade (Zero Sum Market).
What we see, particularly in the H1 Chart, below is when there are no Buyers left to take the other side of the Sellers Orders the Market falls fast.
It keeps falling until it reaches the next Level of waiting Buy Orders it's here Sellers can off load their Short Positions and build new Long Positions.
This is what the Market does every day simply look for the next Level of waiting Orders to off load old positions and build new ones.
The MMLs are formed by the Rhythm created from the Markets Flow the Markets Flow is generated by the waiting Limit Orders that are placed by the Big Institutions.
It's not the MMLs that move the Market it's the waiting Limit Orders that does this.
I hope this isn't disrupting the flow of the thread I'm simply trying to help people understand what makes the Markets move.
Attached Image(s) (click to enlarge)
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