Podcast
Questions and Answers
In an uptrend, what does Price create?
In an uptrend, what does Price create?
- Higher highs and lower lows (correct)
- Higher highs and higher lows
- Lower lows and higher lows
- Lower highs and higher lows
What is the significance of a Strong High/low being broken?
What is the significance of a Strong High/low being broken?
- It indicates a pullback is coming
- It signals the start of a new trend (correct)
- It shows the trend is weakening
- It means price will continue in the same direction
What is the purpose of using Swing Structure for directional bias?
What is the purpose of using Swing Structure for directional bias?
- To identify strong highs and lows
- To indicate trend changes (correct)
- To avoid weak highs and lows
- To predict internal structure changes
What is a characteristic of Change Of Character (ChoCh) signals?
What is a characteristic of Change Of Character (ChoCh) signals?
What should happen for the Bos body in Swing Structure?
What should happen for the Bos body in Swing Structure?
What is the relationship between Swing High and Swing Low in trading?
What is the relationship between Swing High and Swing Low in trading?
What does the term 'Trend Change' refer to in trading?
What does the term 'Trend Change' refer to in trading?
What is the significance of a Weak High in trading?
What is the significance of a Weak High in trading?
In trading, what does Break Of Structure (Bos) signify?
In trading, what does Break Of Structure (Bos) signify?
How does a Change Of Character (ChoCh) signal impact trading decisions?
How does a Change Of Character (ChoCh) signal impact trading decisions?
What is the purpose of using Internal Structure for directional bias in trading?
What is the purpose of using Internal Structure for directional bias in trading?
How is ChoCh different from Trend Change in trading?
How is ChoCh different from Trend Change in trading?
What should traders expect after an Up Trend in trading?
What should traders expect after an Up Trend in trading?
Flashcards
What does price create in an uptrend?
What does price create in an uptrend?
Price creates higher highs and higher lows.
Significance of a Strong High/Low being broken?
Significance of a Strong High/Low being broken?
It signals the start of a new trend
Purpose of using Swing Structure?
Purpose of using Swing Structure?
To indicate trend changes.
Characteristic of Change Of Character (ChoCh)?
Characteristic of Change Of Character (ChoCh)?
Can sometimes give false signals.
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What should happen for the Bos body?
What should happen for the Bos body?
It must close within the range of the candle.
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Swing High and Swing Low relationship?
Swing High and Swing Low relationship?
Swing High is the highest point that caused the Swing Low.
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What does 'Trend Change' refer to?
What does 'Trend Change' refer to?
When price breaks a Strong High or Low.
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Significance of a Weak High?
Significance of a Weak High?
Fails to make a lower low.
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What does Break Of Structure (Bos) signify?
What does Break Of Structure (Bos) signify?
When price breaks a Strong High or Low.
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How does ChoCh impact decision making?
How does ChoCh impact decision making?
Indicates a potential pullback after a run.
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Purpose of using Internal Structure?
Purpose of using Internal Structure?
To understand changes in trend direction.
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ChoCh different from Trend Change?
ChoCh different from Trend Change?
ChoCh can give false signals, while Trend Change confirms trend continuation.
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What should traders expect after an Up Trend?
What should traders expect after an Up Trend?
Pullback on that timeframe.
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Trend Analysis
- In an uptrend, Price creates Higher Highs and Higher Lows.
Break of Structure (BOS)
- A Strong High/Low being broken signifies a potential change in trend direction.
- Break of Structure (BOS) signifies a potential trend reversal.
Swing Structure
- The purpose of using Swing Structure is to determine directional bias in trading.
- In Swing Structure, the Body should be in the direction of the trend.
- Swing High and Swing Low are key levels in determining trend direction.
Change Of Character (ChoCh) Signals
- A characteristic of Change Of Character (ChoCh) signals is a potential change in trend direction.
- ChoCh signals impact trading decisions by indicating a potential reversal.
Trend Change
- The term 'Trend Change' refers to a shift in trend direction from uptrend to downtrend or vice versa.
- A Trend Change is often preceded by a Break of Structure (BOS).
Weak Highs and Lows
- A Weak High in trading signifies a potential top or reversal.
Internal Structure
- The purpose of using Internal Structure is to determine directional bias in trading.
ChoCh vs Trend Change
- ChoCh signals are different from Trend Change as they indicate a potential change in trend character, whereas Trend Change refers to a full reversal.
Post-Uptrend Expectations
- After an Up Trend, traders should expect a potential reversal or correction.
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