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Fork Charts
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NEIAAG
Posted 8/6/2020 10:55 (#8418566 - in reply to #8418510)
Subject: RE: Fork Charts


JC STONE - 8/6/2020 10:21

What is on the chart that will tell me ahead of time its going to rain or whatever. Easy to see after its printed and after it rained.
Also what is your definition of market structure? Seems to be a term used quite loosely.


Market structure is the structure of price. It's the pivots ( higher lows, higher highs, etc), the amount of extension or lack there of, the frequency that price is projecting, the failure to do what price did before or that price just did something it couldn't do before, the bars structure themselves, is price back-filling consistently or is it vertical and unsustainable, or maybe horizontal?. Lines to me are not market structure. I use them to help understand the story price is telling.

Take care

Edited by NEIAAG 8/6/2020 10:56
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