In this video, you'll discover the break of structure trading strategy.
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Let me ask you have you ever bought at support thinking that the price will rarely higher? The next thing you know the market collapse down low and you got stopped out. The solution? You want to adopt the brick of structure strategy right? Here's how it works. First thing right, you want to identify support on The Daily time frame. So over here identify an area of support, let the price then come towards an area of support. In this case it has reached our area of support. Next thing you want to do is go down to a lower time frame like the four hour time frame. On this time frame you want to look for what I call a break-off structure. In essence, you're waiting for the price to make a series of higher highs and higher low. Like there's a higher high and higher low. So let's see what happens. So in this case you can see that the market did rarely up higher. Now we have a new high. We then wait for a pullback over here as a pullback and this will be the highs that we can reference to to place a buy stop order if the market breaks above it and if that happens we will get long. So in this case you can see the market did eventually break out of this highs getting us into a long trade and we are only entering after the buyers and show signs of strike.

By Stock Chat

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2 thoughts on “Break of structure trading strategy”
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  2. Avataaar/Circle Created with python_avatars Zararsız Soğan says:

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