The main key to understanding what a Forex market trend broker does

Write this the moment we close the body candles below a higher low we are now bearish and the moment we close the body candles above a lower high we are now bullish, this is the main key to understanding what the market trend is doing, so you have very clarity if the market is bullish or Bearish this way you can determine whether if I’m interested in buying or if I’m interested in selling, obviously this trend is simply marked on the line chart so I can come into this market.

The main key to understanding what a Forex market trend broker does

And I can simply put in the line chart and you can simply select well obviously this is the higher high and after you select the higher high, this will be the very simple, very straightforward higher low, which is the same thing that we were just doing but in the actual live markets but on the line chart, so this will be a higher high and then this will be a higher low, what we will do is we expect there will be a pullback until this market goes to the upside.

If this market now decides to break this high and the high low now, this market will be bearish and then this will be the lower low, and then this will be the lower high, this is very simple and happens every day in the markets across every time frame so the way you determine The trend is the same as you would do every week, yearly basis, 10-year period, or 100-year period as you would do on a 1-hour, 10-minute, 30-minute, and 1-minute basis.

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It’s all the same thing because, at the end of the day, they all appear in the same plot the same line chart, and the same structure, it’s the same thing if you notice that now we’re on the weekly time frame which means that each one of these candles is one week and when We look at this now let’s say in the 15 minutes, you can see how we have the same amount of lines. Now obviously these lines look a little bit tighter because the 15 minutes are moving a lot faster.

Let’s say weekly but if I wanted to hide what time frame we were on, realistically you wouldn’t be able to tell if I were to zoom in on something like this because it’s just lines it doesn’t matter if it’s the daily, it doesn’t matter if it’s the weekly, they all look the same represents the structure of the market In an uptrend or market structure in a downtrend, so this here is the real market, so this is the exact market.

Here but now on the line chart, you’ll notice that every little sharp edge is going to be a market structure point, it’s going to be a potential higher low, it’s going to be a potential higher high, so this right here is a prime example of a simple and effective market structure. The market structure is every single point that you see right. This is the market structure that I like to call an elbow because it literally looks like an elbow and it also looks like a sharp edge.

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This here is going to be an attachment which is the market structure an attachment which is the market structure and an attachment which is the market structure and, we have these elbows everywhere throughout the market, so if we go here to the real market you can see how we have these elbows or market structure points.

These are everywhere throughout the market, you can see how this is your right facility here at this point, you can see how we have another facility at this point, we literally have two facilities throughout the market structure that this market creates, and this is a small facility it’s a sharper elbow, and then this is more of a wider elbow so you get all different types of elbows.

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If you’re a fat man or a fair-skinned man, you’ve got everything you need here, so these elbows are the structure of the market and this market structure is what creates the market trend, which is what creates the market if it’s trending up, which is what creates the market if it’s trending up. The downside is that when you have a bull market like this this is the higher high and then this will be the higher low.

If you notice that the higher low is the market structure the point is this higher low and then the point will be considered the market structure and the previous market structure is this elbow here and this elbow here, so everything that looks like an elbow-like a triangle like a corner like a sharp edge is the market structure and this helps in Determine the direction of the market whether it is heading towards the upside or whether it is heading towards the downside.

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I can flip this chart around now and you can see how it’s the same elbows but it’s shifting to the downside, so all we want is what you do in trading everything you apply to buys is the same thing that applies to sells, and nothing changes.

Not only is your edge better at buying or your edge is not only better at selling, it’s the same pattern and the same market structure. Everything, the only thing is that it flips from one side to the other, so now you understand what technical analysis is, and now you understand what a trend is, which is very important.