Intermediate3 lessons2 modules

Market Structure

How to describe what a market is doing in terms of highs, lows, timeframes and where orders sit — a vocabulary for context rather than a set of signals.

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"Market structure" has become a marketing term, which is a shame, because underneath the branding there is a genuinely useful idea: a shared vocabulary for describing what price has done without implying what it will do.

This course teaches that vocabulary and stops there. It does not promise that naming a structure predicts the next move.

What you will learn

  • Describe a trend in terms of successive highs and lows rather than a feeling
  • Explain why a chart looks different on different timeframes and which one is authoritative
  • Explain in plain terms where liquidity sits and why price tends to travel between pools of it
  • Avoid the common error of reading structure on one timeframe and sizing for another

Prerequisites

  • Technical Analysis, or equivalent chart familiarity

Course contents

Module 1 — Describing a trend

A precise vocabulary for what price has done.

  • Highs, Lows and Trend Structure

    A trend can be described precisely as a sequence of higher highs and higher lows, or the reverse. That description is objective, testable and — crucially — silent about what happens next.

    8 min read

Module 2 — Context

Order flow and timeframe, and how the two interact.

  • Liquidity and Order Flow Basics

    Liquidity is the ability to transact size without moving price much. Where it pools, price tends to travel — not because of manipulation, but because that is where large orders can actually be filled.

    8 min read

  • Timeframes and Context

    Higher timeframes describe the environment; lower ones describe the moment. Trouble starts when you analyse on one and act on another without noticing you have switched.

    7 min read