How To Understand Market Structure | FOREX | SMC (Part 1)

Boost your win rate, skyrocket your reward:risk ratio, and get extreme clarity by following this mechanical process for mapping market structure. 👇

📥 FREE TRAINING + CHEATSHEETS:

🚀 PHOTON MENTORSHIP:
Become a $400k Funded Trader Within 12 Months:

📉 PHOTON ANALYSIS SERVICE:

🏦 MY RECOMMENDED BROKER:

SOCIALS:

📸 Instagram @photontrading
@mattdonfx

-------------

0:00 Intro
2:18 Importance of structure
4:22 Basic market structure
10:09 Strong vs weak highs & lows
13:03 Trend changes
16:30 Change of character (CHoCH)
22:35 Structure mapping types
26:24 Chart walkthrough
36:48 Outro

Market structure is the overall order flow of the forex market and provides us with a mechanical framework to read and understand price.

When you understand and map market structure correctly, it massively increases the probability of understanding where price is more likely to go to next, but also the behaviour of how price will likely move to get there.

You need to have a mechanical method for mapping market structure consistently the same way every single time. If you can be consistent in your approach to analysing the FX market, then you increase the probability of achieving consistent results within an uncertain market environment.

KEY POINTS

Bullish trend/OF - higher highs and higher lows
Bearish trend/OF - lower lows and lower highs

Swing high - highest point that caused the swing low
Swing low - lowest point thar caused the swing high

Strong low - lows that caused highs (HL’s)
Strong high - highs that caused lows (LH’s)

After a break of structure (BOS) - expect a pullback on that timeframe

CHoCH - bullish structure changing to bearish structure (vice versa)
- Can signal that a swing run has ended and a swing pullback has started
- Can signal that a swing pullback has ended and the next swing run has started

#marketstructure #smartmoneyconcepts #forex #breakofstructure #forextrading #forexbeginner #smc #forexbasics

[oscarvelasco]

The clearest explanation about structure that I've seen on YT so far!

[cullenquito]

Dude this is the best market structure explanation I've ever watched. Not only explained, but also the chart walkthrough was crystal clear.

[darrenrafel]

Three years trading...this is the most valuable video I've ever seen. Thank you...inadvertently great for psychology too

[mantasm.]

These were the best 39 minutes spent on youtube in couple of months since I started learning seriously. I don't know what's motivating you to share this since you can just quietly multiply money and enjoy you spare time, but you are a gifted teacher that's why you should continue what you're doing. :)

[JahsharnExtremeBodyFitness]

This is by far the best explanation on Market structure I've seen. I've lost/missed soo many trades because I did not fully understand what a CHoCH is. Such a simple concept, but a tremendous game changer.

[jamespaul]

1:30 (1) CONSISTENTLY Map Market Structure = high probability you will be on the right side of the market. = HIGHER STRIKE RATE. (2) sky rocket RRR and (3) Gain CONFIDENCE. 3:28 Importance of Consistency. Become a SME at mapping market structure. Put the work in and you will see exponential results. No one can do your push ups for you. 4:30 Basic Market Structure 6:00 Higher TF Swing highs and swing lows > this is basis of market structure and trend bias. 6:20 EVERYTHING in between the Swing High and Low is INTERNAL STRUCTURE. 6:55 SWING LOW = the LOWEST point that caused the Swing HIGH <> not negotiable. 8:10 Become a SME and Understand External (Swing high /low) vs Internal Structure. IF you trade internal structure and counter trend trades = expect a low probability of success. 9:55 Break out traders who jump in at or above highs = low probability of success. (Why 50 to 70% this move has already happened >> you are trading for low pennies and have high risk of market gong against you. 10:05 when you see a BoS > automatically starting looking the price level where the next low will form.

[michaelharris]

This is the clearest explanation of structure I've heard in 2 years, thank you 💯💯

[jamespaul]

22:40 Structure mapping >> HOW to use the wicks or the candle bodies for the highs and lows. BULLISH CASE examples:
TYPE 1 (conservative) full body candle candle must close above the wick.
Type 2 ( aggressive) only a wick needs to form above the previous high.
25:00 Type 1 used when Swing high or low confirmation required = continuation.
Type 2 (wick break above the high or below the low) used for CHoCH
26:30 Live chart walk through. 4h TF valid pullback +-/ 40 pips (or a minimum 3 candles?? > WHY >< need three candles to form a high or low = middle plus one to left and one to right) 32:35 Reversal Minor fractal high taken out 33:32 BEARISH CHoCH is very subtle (best to scale down from 15 to 5m or less TF <> this fails to make a LL !! <> Bullish CHoCH forms and market takes out the Bearish Swing high = reversal confirmed.

[jamespaul]

26:40 Live Charts.
28:44 Internal structure now aligned with the Swing Structure (bearish) **** critical concept ***
37:00 Live charts walk through = AWESOME.
37:15 Checklist. (1) map out swing high and swing low (2) Pro trend or counter trend (3) has the pull back started (4) has there been a change of character ? (5) Is the internal structure back in line with the swing structure ? (6) Where are the weak highs or weak lows ? (7) your target should be the weak high or weak low points the structure.

[jamespaul]

35:15 The 2nd CHoCH confirms the internal structure is now aligned bearish with the External Structure.
35:20 Key concept: When internal structure aligns with external structure then you have a high probability of setup. Remainder of this video covers in detail additional CHoCH and valid entries.36:50 Summary. List of questions to ask yourself when you analyzing market structure.

[karukera]

I'm mind blown. This presentation is clean, to the point, impeccable. Quality is superb. Well done mate.

[mojtabaalishzadeh]

I have seen more than 100 videos about market structure on youtube.. This is literally the most complete video about market structure.. I want to say thank you.. you are the best❤❤

[-HardyAdityaChandra]

i have watched plenty videos about market structure but this video has more value both in the quality and information offered. Excellent work man, glad to find your youtube channel

[omirefahammed]

I am having a hell of a time mapping out internal structure but I will watch the video severally and practice on the charts. This is a real gold mine!!! Kudos Mate.

[pedrobonilla]

I have paid 3 courses so far, ( expensive ones) no a single one have explained market structure like this!🎯💯 thank you so much!

[bensonmwamba]

I can't believe this video is 2years old. The best market structure explanation EVER, period! I could have stopped this video on that example about internal structure (and how traders go against the trend due to poor analysis of swing highs and lows), AND STILL WOULD HAVE HAD A BETTER CHANCE OF MAKING MONEY THAN I DID BEFORE. Thanks!!!

[michaelaldan]

ive gone through 75% of your course..and i must say this is the absolute best outline/presentation of SMC i have seen after watching many other traders explain what SMC consists of....your psych course is also an eye opener....simply superb work...i can only commend you on all the time and effort you have put into this...amazing...

[flashpartywarz]

This is the best market structure breakdown I’ve ever seen. I watched so many videos and not one have ever mentioned the structure within the main structure. After watching this video I truly feel like this channel is what’s gonna give me my ah ha moment I’ve been waiting on. Thank you.

[xmore]

To be honest you're the best SMC teacher ever I founded omg idk why I didn't find you long back ago. Thank you so much for providing such a valuable content as well making it very easy to understand.👌 You're seriously awesome bro. ❤️

[BlinkCS]

I'm pretty new and I'm wondering if i can apply all this to trading options (Spy/QQQ) or futures (MES/ES)? Because i only see videos about forex and haven't found even 1 video on YouTube about Market Structure/SMC examples on options/futures. Only forex. Just wondering if it's worth learning if i only trade options/futures. Thank you!