The Key To Understanding Market Structure Shifts (MSS) 🔥 - ICT 2022 Mentorship
Understanding Market Structure Shifts
In this video, Zeus discusses the key to understanding market structure shifts and shares a simple pattern that he has observed through testing data. He emphasizes that the information provided should not be considered financial advice.
The Importance of Filtering Bad Trades
- Understanding how the average price affects market dynamics can help filter out bad trades.
- Recognizing this concept allows for better decision-making in demo trading.
Key Points for Market Structure Shifts
- When there is a bearish bias, look for price trading into a point of interest (POI), such as a fair value gap or order block.
- Rebalancing of bullish fair value gaps at intermediate term lows signals potential bearish price action.
- Fair value gaps play a significant role in causing market structure shifts.
- The same principles apply to bullish scenarios, where price trades into a key POI and rebounds from it.
Identifying Market Structure Shifts
- Use the symbol of a light bulb to represent a market structure shift.
- Look for instances where intermediate term highs or lows are broken, indicating a shift in market dynamics.
Example Trade Analysis
- On August 2nd, Zeus took a trade on US 500 based on the concept of market structure shifts.
- By identifying an intermediate term low being broken, he saw an opportunity for bearish price action.
Additional Examples
- Various examples are provided to illustrate how fair value gaps and intermediate term highs/lows contribute to market structure shifts.
- These examples demonstrate how recognizing these patterns can lead to profitable trading opportunities.
Conclusion
Zeus concludes by summarizing the main points discussed in the video and expresses his hope that viewers have gained new insights into market structure shifts.
Timestamps may vary slightly due to differences in transcription.
New Section The Influence of ICT as a Mentor
In this section, the speaker expresses gratitude towards ICT for being an exceptional mentor and credits him for all the theories and content in the video.
ICT as a Mentor
- The speaker acknowledges that once they have learned from ICT, they cannot unsee his teachings.
- The speaker expresses immense gratitude for having ICT as their mentor.
- According to the speaker, ICT is considered the best mentor they could have ever wished for.
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