MMC Episode 1: PD Arrays
A Thread 🧵
First off we need to understand what a PD Array actually is.
Price is constantly either moving towards or away from a PD Array.
To start off we just need to focus on 3 basic PD Arrays.
First off we have Fair Value Gaps. FVGs are the superior PD Array as the other PD Arrays are no longer relevant if we don't understand FVGs.
Secondly we have Fair Value Areas. FVAs are only relevant to us when we want to trade off of a FVA. We don't necessarily want to trade towards a FVA.
Lastly we have Swing Points. These consist of Swing Highs and Swing Lows. Added to this we can also look at Previous Candle Highs/Lows.
Using just these 3 PD Arrays we can determine where the market is likely to trade next.
To practice how to identify these PD Arrays and the market direction we have a Case Study that you can complete to deepen your knowledge.
Full Video👇
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