𝔻𝕠𝕞𝕒𝕚𝕟..

I’m about to take you through Forex from the ground up — from how the market actually works, to market structure, liquidity, execution, risk management, and eventually the exact SMC strategy I trade. No shortcuts. No surface-level knowledge. Just the full stack. The next post starts the journey. Stay close. 👀

📌 What is Market Structure?

📌 Module 2: Market structure Course outline

📌 Module 1 Practical and Assessments

Why Is Price Action Important? - Helps traders understand market behaviour. - Improves market structure analysis. - Helps identify potential entry and exit areas. - Reduces unnecessary dependence on indicators. - Helps traders make decisions based on actual price movements.

5. Change of Character (CHOCH): An early indication that the existing market structure may be shifting. 6. Supply and Demand: Identifying areas where strong selling or buying pressure previously entered the market. 4. How Does Price Action Work? Let's use a simple example. Imagine GBPJPY is moving upward, creating Higher Highs and Higher Lows. - Price reaches a previous resistance area. - Sellers begin to push price downward. - Price retraces into a demand area. - Buyers step in and price begins moving upward again. A price action trader studies these movements to identify a potential buying opportunity. However, no price movement guarantees what happens next. Proper risk management is essential.

These are some important concepts every price action trader should understand: 1. Candlestick Patterns: Understanding how individual candlesticks form and what they communicate about buyers and sellers. 2. Market Structure: Identifying Higher Highs, Higher Lows, Lower Highs, and Lower Lows. 3. Support and Resistance: Identifying price areas where buying or selling pressure has previously emerged.

📌Elements of Price Action 🧵

3. Consolidation (Ranging Market) Consolidation occurs when price moves within a particular range without establishing a clear upward or downward trend. "With this you can say forex is the repetition price action overtime with different logic❗❗ See you in the next post

2. Downtrend (Bearish Market) A downtrend occurs when price consistently creates Lower Highs (LH) and Lower Lows (LL). It shows that sellers are generally in control.

The Three Major Market Conditions 1. Uptrend (Bullish Market) An uptrend occurs when price consistently creates Higher Highs (HH) and Higher Lows (HL). It shows that buyers are generally in control.

Instead of depending heavily on indicators, a trader studies how price behaves through candlesticks, market structure, support and resistance, and other important price movements. What Does Price Action Help Us Understand? Price Action helps traders understand three major things: 1. Market Direction: Whether the market is moving upward, downward, or sideways. 2. Market Behaviour: How buyers and sellers are interacting. 3. Market Intent: Possible areas where price may reverse, continue, or consolidate.

Price Action is the study of how price moves in the financial market over time. It involves analysing the movement of price on a chart to understand market behaviour, identify trading opportunities, and make trading decisions. In simple terms, Price Action is reading the story the market tells through price movement.

📌Introduction to Price Action 🧵

Important things to understand 1. When Close is above Open, the candle is bullish. 2. When Close is below Open, the candle is bearish. 3. The High and Low determine the full price range of the candle. 4. The candle body represents the distance between Open and Close, while the wicks show the price movement beyond those levels.

3. Low (L) The Low is the lowest price reached by the candlestick during its formation. It represents the lowest point the market reached before that candle closed. 4. Close (C) The Close is the final price at which the candlestick ends when its timeframe expires. It tells us where the market finished within that period.

1. Open (O) The Open is the price at which a candlestick begins forming at the start of a particular timeframe. For example, if you are looking at a 1-hour chart and a new candle begins at 1.2500, that is its opening price. 2. High (H) The High is the highest price reached by the candlestick during its formation. It represents the highest point buyers and sellers pushed the price to within that timeframe.

OHLC stands for Open, High, Low, and Close. These are the four most important price points used to describe the movement of a candlestick within a specific timeframe. Every candlestick on your trading chart contains these four pieces of information.

📌 OHLC 🧵

4. Important Things to Understand As a trader, remember these three things: 1. A bullish candle does not automatically mean the market will continue going up. 2. A bearish candle does not automatically mean the market will continue going down. 3. Always consider market structure, trend, liquidity and the location where the candlestick forms. Key takeaway: Bullish candlesticks show buying pressure, while bearish candlesticks show selling pressure. Understanding the difference is one of the foundations of reading price charts.

3. Difference Between Bullish and Bearish Candlesticks Bullish. Bearish. Buyers dominate .Sellers dominate Price closes higher.Price closes Lower. Usually green or white. Usually red or Black. Indicates upward.Indicates Downward Movement.