Price, Context and Market Structure Course
by Traders' Lounge
About this course
The Price, Context and Market structure Course was put together with the aim of providing actionable knowledge to market participants by discussing key structural notions relating to markets in general and the framework needed to read price and articulating trades. The focus of the course is the currency markets (Forex), however the notions discussed also apply to most markets and securities. The course revolves around the understanding of price itself, the use of tools, specifically pitchforks, the practice of risk:reward and key trading notions.
Know thy markets 21'42
Framework and tools 35'52
Practical applications 51'33
All information is presented from a practical / trading standpoint. The 'Know thy markets' Chapter discusses knowledge that market participants should be aware of and uses market events to exemplify key points. The next chapter 'Framework and tools' starts by discussing the question of "'who do you trade against?" and then goes on to explain the approach answering questions like "How to dissect price action on any chart?", "Which tools can be deployed at what time?", "How to spot a trade?", "How to plan for a trade?", "How to execute a trade?", "How to manage a trade?". All the knowledge learned previously is put to work in Chapter 4. This is done by going through one year of price action of a security bar by bar. This is the closest thing to live trading and teaches the thinking process behind reading context, spotting trade setups and executing these trades. The course finally concludes with the 'Guidelines' chapter which provides clear guidelines to follow.
We offer our clients and members daily expert analysis of the currency markets (our main focus) but also other securities such as precious metals, bonds as well as indices. Our analysis is characterized by its accuracy and consistency. We review charts and identify trade setups with outstanding risk / reward profiles. Private mentoring services are available to our clients who are either starting out or are looking to improve their trading and charting skills. Furthermore, we offer additional services to institutional clients who require customized services and efficient collaboration. Our clients and members have access to daily videos and charts where we dissect price and discern market structure with the help of parallels, forks, median lines & more - tools developed by Dr. Alan Andrews, Roger Babson, George Marechal & Jerome Schiff. The language of price: The methods employed provide the necessary edge to better understand how price trends develop and evolve, enabling accurate forecasting as well a proper risk assessment. They can be applied on their own to identify (i) trade setups, or (ii) as a foundation as well as (iii) in conjuncture with your propriety trading methods. You will get access to our daily videos and charts as well as our weekly webinars. Every day Alex (President of the Traders' Lounge) will post his charts in a video format. Twice per week Alex will also hold a webinar where live charting analysis will take place and where questions as well as requests from members will be answered. Traders have the possibility to post their requests in advance such as which securities they would like to have reviewed during the webinar.