Always trade in the direction of the macro bias. If the Daily chart is bullish, only take buy setups on the 15-minute chart. 5. Blueprint for Risk Management
Market structure is the skeletal framework of price action. It tells you whether the market is bullish, bearish, or in a consolidation phase. Mastering this allows traders to align themselves with the "Smart Money" rather than fighting the trend. Core Components of Structure market structure and powerful setups pdf free
Several detailed guides and slide decks covering these exact "powerful setups" are available on document-sharing platforms: Always trade in the direction of the macro bias
When price fails to make higher highs or lower lows, it is consolidating. Here, institutions are typically building positions (accumulating or distributing). Trading the boundaries of these ranges is key, but breakout setups are often the most profitable. Powerful Trading Setups Blueprint for Risk Management Market structure is the
Identify overall market bias (bullish, bearish, or ranging).
Wait for price to aggressively spike through these highs or lows to sweep resting stop-losses.