Market Structure
Highs, lows, liquidity and timeframes: a precise vocabulary for describing what price has done.
Part of the course
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.
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
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