2 concepts that will change your trading: Market Structure and Fair Value Areas
A Thread 🧵
First we will look at Market Structure. We will look at 2 sections here: ITHs/ITLs and STHs/STLs.
First we will look at Intermediate Term Highs and Intermediate Term Lows.
In a bearish trend ITHs will be protected, while in a bullish trend ITLs are protected.
Now we can determine Fair Value Areas. FVAs occur between Intermediate Term and Short Term Swing Points.
Here we can look at how each of these FVAs would look. We can then use the FVAs to trade off of and target the opposing Swing Points.
Finally we can look to do a Case Study. Doing a Case Study is the best way to improve your understanding of Market Structure and Fair Value Areas.
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