How To Trade Market Structure For Beginners (FULL COURSE 2024)
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- Опубліковано 25 вер 2024
- How To Understand Price Action And Market Structure
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Today I share with you a beginner guide on how to master the art of trading price action and to understand the market structure using technical analysis. The topics we will be covering are Chart patterns, indicators, multiple timeframe analysis, discretionary trading, identifying the trends, basic price action, market structure, trading the news with fundamentals, technical analysis, and so much more.
The content herein contains forward-looking statements regarding future events that involve risk And uncertainties. You are cautioned that these forward-looking statements are only predictions And may differ materially from actual events or results. The content herein is for information purposes And is not a solicitation To buy or sell any of the securities mentioned.
Thanks for watching =)!
Cheers
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Yeah, it's a long one but filled with knowledge and examples. Just remember, there are many ways to "trade price action/ market structure". Feel free to use whatever type of indicators, candlestick patterns, COT reports or whatever.... What's important is that you manage risk, remain consistent, journal, review, and adapt. ... Let's bake!
Best teacher in the game.. honest, to the point, clesr directions.. you won't find a better teacher..
Another thing I wanted to mentioned here as I'm replying to my social media questions is that I see too many people trading OLD zones. I see too many people trading 5minute trade setups that were created 48 hours ago.... This is the same for traders taking a 1hr entry going based off of an entry setup that was created 5 days ago... it's a completely different market condition + different types of traders are now involved.
If I'm trading my 5minute confirmation then that 5minute confirmation trade setup was created over the last 12hours MAX. If I plan entering a 1minute trade then I'm not entering that trade if it takes 6hours or more to fill me. 1 hr MAX 48 hours......
Let me know if you guys understand.
Could you please make a video explaining this with examples.
Shit just checked the previous day if any new lesson is out and today it is❤.
Losing a lot of trades in liquidity😢
Been watching your channel for a few years now, 4 to be exact, and one thing recently that has started to help out tremendously is "the trend is your friend until the bend at the end" in conjunction with the fact the price turns around "inside out". So before I enter, i want to see price start bending and turning inside out on the 1min, then the 5. Good stuff.
Yes, every setup has that "confirmation" setup. It 100% required in all my setups and having the ability to determine a setup over a poor setup is KEY! Thanks for watching.
@@MoneyballAustin Even though you are predominantly forex and I have only used NQ, all your teachings transfer seamlessly!
Im 25 mins in and have seen thousand of people talking about charts, i havent heard opening range, initial balance sessions timings, closing price, howeek, hoday, loday, loweek, cash and equity hours and news catalysts, buying and selling using institutional liquidity moves from ranging from instituitional points..i want to listen to this the whole way through but its become very apprent these are major factors that induce volatility and patterns that increase the probability a move is inbound or is setting up to action on key timings.. much respect for making the time to make this vid but i think these are imperatives for speaking about trading potentials that cannot be ignored when referencing this topic..
yeah, I agree but keep in mind the odds of a trader retaining all that information is nearly 0%. This is why I was not a fan of making this video because there are 100x other topics that are just as important to a trader's success. Some traders value other metrics more than other traders value others. There is no "BEST" or "YOU NEED" to use this metric. Thaks for sharing.
Every trader will have another list of ten topics he didnt cover. This video is only one hour long . You cant fit an entire trading manual into one video
@@gibfortune 100% agree. The term "price action" Is such a grey area that there are 100 topics to cover that a trader will never understand by watching 1 video. Most will be picked up through experience and time.
Love your videos bro keep doing them. I'm practicing your S&D strategy!
Insightful as always, thanks Austin!
been looking for a bos course like this thanks austin
Great course I need to add to my list well-done sir
Another great video, thank you Austin! Love it.
Which moving average you prefer simple or exponential if possible upload a short explaining please
Informative. Thanks Austin
Very nice video and here is my question in which type of setup we should size up means if i take 0.5 % risk when can i risk 1 or 1.5 % . High quality trade setup thanks 👍
Just stumbled across your videos, it got some good information. What will be the key component trading sessions, if we are intraday / scalpers.
1. Time (killzones)?
2. If supply or demand created in the seassion, will be the entry confirmation?
3. Trading London doesnt always give the demand or supply that you explain so how will explain setups during these sessions.
4. And if scalping, if price enters the 15min Supply, will the 1 min demand need to break to confirm the entry
Just interesting to hear your view. Great video!
1) not 100% sure what you mean by "kill zones" so I might need a bit more information on that.
2) Once again, not 100% sure what you mean so I might need a bit more information on that.
3) I disagree, I talk to traders every day who trade the London session and they do fine. The problem is not the London but rather the traders knowledge in the system. I guess if you trade the "US500" yes maybe but that's because the US500 is a US-traded asset.
4) Yes, you could use the 15minute but might be difficult because of the timeframe sequence not large enough. I would consider 30/1hr/4hr as the HTF and 1-5minutes for ETF but just don't use 4hr-1minute.
Great video! (*helping with algo so more people see your amazing channel* 48:00)
And quick question : for a demand zone to be a trade-able zone it must take out an opposing supply zone (or momentum TL, but that's clear to me), but does the opposing supply zone must also have been a trade-able zone ? In other words, if I have a demand zone that the move out of it only took out a supply zone (which the supply zone has not broken any momentum line nor a demand zone), is my demand zone valid?
no, the opposing zone being removed does not need to be a "trade-able zone". Sure, it would help but not needed.
Thanks!
Ok, thanks a lot for your reply!
Thanks for the video now my question is if we are to any very high on curv zone with trade confirmation and trend of higher time frame can it would be considered as A+ setup ?
Thank u
Hope all is well Lewis!
Thanx bro appreciated 🙏
Thank you
Is this one from the whole online course from website thanks
Fire video for sure just passed my prop
Congratulations, I've seen many people take this step so let me give you some advice...
1) half risk for the first 1xmonth. risk 0.25-0.5% MAX
2) take 1-2x weeks off before trading the account.
@@MoneyballAustinrisk .25-.50% of the account right? Not per trade?
Gonna buy you some new curtains bro - those ones hurt my eyes
Little 1 week road trip so those are the curtains I gotta work with for the next 2x videos.
And sorry i have another question witch markets do you personally trade on
now I mainly focus on Gold, Silver, US500, and Oil.
Hey Austin I have been watching your videos for the past few days and Im still having a hard time knowing where do I mark zones from. Do I mark from the body to the wick of the base or from wick to wick of the base?
I recommend base to wick as that is more of the meat of the base + where the imbalance is located. If you youtbue "Moneyball austin ho two draw supply - demand zones" that should help. Feel free to send me a message on SM.
If everyone is making money using the same concept then why am i losing using the same concept.
1) fail to identify quality setups. (review your journaled trades). If you trade S/D then send me a message and I can give you a sheet to review.
2) Poor Risk Management/ Poor trade management.. You risk too much per trade making emotional decisions in the trade management.
Keep in mind it's hard to fully fix this issue over the comment section but the bottom line it's 1-2 of those things.
Can i use 5 minute with 1 hour?
Yes
@@MoneyballAustin is it just as profitable as in higher timeframes? do you often hear that scalping is not profitable in the long term?
@@GoenjaminTV some would argue scalping is better taking advantage of your edge right now over a 1 minute period vs holding a trade for 5 hours. I scalp too using tick charts + 1minutes. Not every trader can handle this type of trading but that's why I sit in the voice chat with traders in the MBT and talk scalping opportunities.s
@@GoenjaminTV I know many traders who both swing trade and swing trade
🎉❤
Knowing the market/trading is one but teaching it to a beginner is a whole different animal ‼️ I'm 23min in and I'm completely lost ..you should focus on swings first in its own video and then day trading and then TA and then SA ect just some feedback.. also cut out all of the junk about what other youtubers/traders do and how wrong they are its just unnecessary.
yeah, especially on a topic like this where there are not just 2-3 things you need to consider but rather 20x that should be registered into the trader's brain.
Now how do you tell a new trader to trade this? you cant....it goes straight over the new trader's head. It's like teaching physics 1, 2, 3 all at the same time when they need to learn 1 first to learn 2.
The problem Is most retail traders are stupid and lazy. They must understand there is no "best way" or "you only need to do this". Traders constantly changing how they trade and they need to understand the pros/cons of each way. But telling new traders the 3x ways with pros and cons only confuses them because 99% of the people watching want to be told only 1 way of thinking when they need to learn them all.
This is the main problem with videos like this and why I plan on breaking future topics like this up.
Thanks for watching!
@@MoneyballAustin absolutely! I look forward to watching them i know it took a lot of time to make a vid like this so I appreciate it..all knowledge is good knowledge keep it up!
@@StopPlanWitMe I was lost last year like you. its going to take a lot of time to see what he's talking about. there's a reason why 90% fail. good luck and respect the process.
what application 18:18?