moonchild
VIP Contributor
Forex trading is made up of price action, indicators and psychology, your ability to read each move is very important and it can help you take trades and also know when to exit, the number one way in reading and recognizing market structure is to know what a swing high or swing low is.
So you should know what a higher high and a lower low is, understanding this will help you read any kind of Market Structure in every asset class ranging from Metals, Currency Pair and Indices, just know whether the market is in an uptrend or downtrend.
After spotting that, the next thing to do is to determine the higher highs and the higher lows and how to get in, set your SL and your TP.
So you should know what a higher high and a lower low is, understanding this will help you read any kind of Market Structure in every asset class ranging from Metals, Currency Pair and Indices, just know whether the market is in an uptrend or downtrend.
After spotting that, the next thing to do is to determine the higher highs and the higher lows and how to get in, set your SL and your TP.
