How To Identify Market Structure
Today, we will talk about a phrase that is a little bit of a “techno babble”, but it’s a common and important one. It is market structure.
This concept dates back to Charles Dow in the late 1800s when he taught traders how to understand that there are four different market behaviors. We have an up trending structure, down trending structure, choppy or distribution structure, and an accumulation or narrow structure. It is our job to know which one the market is in.
Now, this is where a lot of traders end up in the tall grass rug.
How do I do that?
Check out today’s video to learn how we establish market structure before we set up our trades.