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Mastering Market Structure

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100% found this document useful (2 votes)
876 views

Mastering Market Structure

Uploaded by

Cristobal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Mastering Market

Structure
Pips2Profit
Cameron Benson
Defining Swings
Swing Low
Down Move:

● 2 Bear Candles Down + 2 Bull Candles


Up=Swing Low.
○ New Swing High WILL NOT be confirmed
until the recently created swing low is
BROKE with solid candle close below the
level.

Up Move:

● 2 Bull Candles up + 2 Bear Candles


Down=Swing Low.
○ New Swing LOW WILL NOT be confirmed
until the recently created swing HIGH is
BROKE with solid candle close ABOVE the
level.

Swing High
Minor Swings/Major Swings
DO NOT OVERCOMPLICATE THIS
1. Look where the market started going in
a direction…wait for it to start going
the other direction…
2. This will create a major swing high and
low.
3. All of the smaller swings on the inside
are the minor swing levels.

**I am aware of the major swings, but I am


mostly interested with the minor swings
(15min chart).**

***Major swings can be used just to


determine the OVERALL direction of the
market.***
How does this help with the 1 Min Chart?
1. Helps identify larger trade setups of
the 15 min chart.
2. Helps you find the best entry
possible on the 1 min chart (based
off the 15 min setup).
3. Keeps you patient waiting for
EXACTLY what you want to see.
4. Removes the “noise” from the 1 min
chart.
5. Rules based way to view structure
the exact same way every time.
Entry Process
1. 15 Min Setup.
a. Signal Days
b. Weekly Templates
c. 3 Day Cycle
2. Market Structure.
a. BIS/BOS?
3. 3 Pushes (15MIN).
4. Go to 1 Min Chart.
5. If you are waiting for signs market will go UP.
a. Wait for the downtrend on 1 min chart to end.
i. Break structure to the upside
b. Wait for 3 pushes back down.
c. Wait for chart pattern (W, Inverse H&S, Triple
Bottom)
d. Engulfing candlestick pattern. Entry.
6. If you are waiting for signs market will go
DOWN.
a. Wait for uptrend on 1 min chart to end.
i. Break structure to the downside.
b. Wait for 3 pushes back up
c. Wait for chart pattern (M, H&S, Triple Top)
d. Engulfing candlestick pattern. Entry.
Questions?

To the charts…

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