The document discusses analyzing market flags and order flow. It states that within larger market flags there are always smaller nested flags and swaps. Understanding the price structure requires examining these smaller flags and their functions. It provides an example of a blue area that could represent an order engulfed by an opposite flag. The price typically reacts at the maximum price level of a flag, which represents the target. Analyzing all components of the market schematics is important to understand order flow and price movements.
The document discusses analyzing market flags and order flow. It states that within larger market flags there are always smaller nested flags and swaps. Understanding the price structure requires examining these smaller flags and their functions. It provides an example of a blue area that could represent an order engulfed by an opposite flag. The price typically reacts at the maximum price level of a flag, which represents the target. Analyzing all components of the market schematics is important to understand order flow and price movements.
The document discusses analyzing market flags and order flow. It states that within larger market flags there are always smaller nested flags and swaps. Understanding the price structure requires examining these smaller flags and their functions. It provides an example of a blue area that could represent an order engulfed by an opposite flag. The price typically reacts at the maximum price level of a flag, which represents the target. Analyzing all components of the market schematics is important to understand order flow and price movements.
The document discusses analyzing market flags and order flow. It states that within larger market flags there are always smaller nested flags and swaps. Understanding the price structure requires examining these smaller flags and their functions. It provides an example of a blue area that could represent an order engulfed by an opposite flag. The price typically reacts at the maximum price level of a flag, which represents the target. Analyzing all components of the market schematics is important to understand order flow and price movements.
If we look closely at the market, we will see that everything is a flag.
Inside the flags are always smaller flags and their swaps. All you have to do to understand the price is to look inside the big flags.The market has a beautiful coordination and discipline. No area in a flag is insignificant, everything depends on the order, And as long as a swap area remains intact, there is always the possibility of reacting to it.
Forget all the stupid names you were told. Discover the right areas by tracking orders. Knowledge can never be imposed on the market. It must be learned from the market. Everyone offers a view of RTM, but does not understand the reality of the market.
The problem becomes much easier when you try to understand the ORDER FLOW by examining the market.
Let's take a look inside a flag.
The smaller flags and their swaps have different functions within this large flag and we can name them so that we can understand each other when we talk about them. But in fact, they are all flag limits and their new names have not changed their nature. Now let's examine the price structure of the price with respect to each of these tiny flags. Each flag has a specific function. When orders are loaded into a flag, if we have a flag with a price-reducing function. Areas close to the flag ceiling are more important for sellers, and if they want to change the price scenario, they have to increase the price to mpl. But when does this happen?
When an or engulfed in the opposite flag.
Pay attention to the picture above.
The blue area can be an OR in opposite flag.
Of course, some times The price moves with high momentum that it can be said that the blue area is a flag and the price has ENGULFed it completely.
Price gives its main reaction to mpl (actually touches its target.)and now you can enter the market in QML.
A simple price story was told.
But there are many points in schematics.Examine all components carefully.
I will never fully explain everything and I hope you think more.
There are more details that are related to symmetry and will send in the next topic.
