Level 4 of 6

Floor Trader: Market Structure

14 lessons. 0 of 14 published so far; the rest are being written.

1. 1Trend, range, and chopOutline

   Identifying the kind of market you're in

2. 2Swing highs and lowsOutline

   Higher highs, lower lows, and how trends are defined

3. 3Support and resistanceOutline

   Why levels form and why they break

4. 4Key reference levelsOutline

   Prior day high, low, close; overnight high and low; the open

5. 5The opening rangeOutline

   Why the first minutes of RTH matter

6. 6What VWAP isOutline

   Volume-weighted average price, its calculation, why institutions use it

7. 7Reading VWAPOutline

   Above vs. below, fair value, standard deviation bands

8. 8Anchored VWAPOutline

   Anchoring from a session open, a high, or an event

9. 9Moving averagesOutline

   The basics, and how they differ from VWAP

10. 10Volume profileOutline

    POC, value area, high- and low-volume nodes

11. 11Multiple timeframesOutline

    Bigger-picture context for a smaller chart

12. 12Volatility and time of dayOutline

    Why the open, midday, and close behave differently

13. 13News and the economic calendarOutline

    CPI, FOMC, jobs reports; widening spreads and fast moves

14. 14Marking your chartOutline

    A pre-market routine for mapping levels