LESSON #2
ADVANCED MARKET STRUCTURE
MTF Analysis -> analysing multiple timeframes together
Price is fractal.
🔑 A run on a higher timeframe, is a trend on a lower timeframe.
LTF price action forms -> HTF price action, which forecasts -> HTF runs, which are made up of -> LTF price action.
What happens on the HTF must first happen on the LTF.
Consistent Actions = Consistent Results
Utilising a set number of timeframes for market structure is key to building consistency
HTF -> Narrative: are we trading a continuation or pullback?
MTF -> Immediate bias: confirms when HTF continuation is ending & pullback is starting (vice versa)
LTF -> Execution: confirms MTF turning points
Examples:
HTF -> 4H / MTF -> M15 / LTF -> M1
HTF-> D / MTF -> 4H / LTF -> M15
Know the HTF narrative, actively monitor the LTF price action, and allow the trade setup to present itself.
Our mission is to observe how price develops around points of interest (POIs) and listen to what the market communicates to us with a neutral mindset.
LTF structural development within MTF POIs helps guide us to stay in the market's flow and execute in harmony with it.
It's all a mechanical framework to help guide us through the order flow of the market.