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How To Read Structure (Charts) Tutorial. Charts 1-5

FX_IDC:GBPUSD   Pound British/Dolar U.S
By the time you are done with this tutorial, You will understand Structure, Trends, Reversals & much more! This tutorial will teach you how to dig deep into the charts & analyze where price is likely to go next!
Reading Structure can be difficult when you first start trading, however most professional traders (if not all) understand structure very well and it is definitely a skill that will dramatically help you on your journey to becoming a professional trader. I tried to make this as clear & simple as possible for anyone to understand but do not worry if this is complicated or a little confusing at first. If you are new to trading, you will benefit by studying and looking over these charts multiple times. I have found that it is also helpful if you grab a piece of paper and a pencil so you can draw the chart that you are looking at. Draw a very simple line chart and mark the highs & lows as shown in the tutorial with support & resistance lines.. You will learn much faster by doing this while training your eyes to identify trends & reversals. After you do this enough, it will start to become 2nd nature & you will spot these crucial moments in structure with a quick glance at the charts.

This is the first section of the Reading Structure Tutorial. This section will consist of 6 Charts total:

Chart 1- An Easy and effective way to determine trend.
Chart 2- Following The Trend with Support & Resistance (Highs & Lows)
Chart 3- Continuation of Chart 2
Chart 4- Identifying Possible Trend Reversals
Chart 5 - When Structure Doesn't Make Sense, Do Not Trade!
Chart 6- Another Reversal

I have put a lot of time & effort into this tutorial so feel free to ask any questions you may have.. I will be publishing section 2 of the "How To Read Structure" tutorial next week. Please leave a comment below or message me with your thoughts regarding this lesson. I am happy to continue publishing them if they are helpful to you.

We are going to scroll through this chart & follow structure. This is a 60 Minute Chart of GBP-USD             .
Chart 1
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Chart 2, In this Chart we are going to look at the highs & lows shown on Chart 1.
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Chart 2 Continued, (Continuation of Chart 2.)
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Chart 3, Identifying Possible Trend Reversals.
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Chart 4, In depth Analysis of Chart 3.
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Chart 5, Another Example of a trend reversal
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Section 2 of "How To Read Structure" will be published next week & I will be sure to update this tutorial with the new charts as well as publish a separate idea. Take your time & really study these charts. There is a ton of valuable information in this tutorial & by the time you get through all the sections, you will have a much easier time reading structure. Please be sure to give this tutorial a thumbs up if it was helpful & you would like me to continue posting them. Thanks Traders & I hope you enjoyed the 1st section of this tutorial!
Komen: Hey Traders, Here is Section 2 of the "How to read structure (Charts) Tutorial". In this Section, you will learn some of the methods that professional trend traders use to bring home a profit week after week, month after month, & year after year! In this Section, I will be explaining-

- The Characteristics of a healthy trend (Chart 6)
- A simple method that makes identifying trend reversals easy (Chart 7)
- Why you should not rush your trades plus when & why you should have a neutral biased as a trend trader (Chart 8)
- Mastering Reversals & how to trade them properly (Chart 9)
- Continuation of GBPUSD -0.29%Structure Analysis ~ How To Identify & Avoid Trading Ranges To Improve Your Trend Trading Strategies ~ The Importance Of A Candles Closing Price. (Chart 10)
- One of my trend trading rules to avoid trading ranges & Intro to the 1st part of Section 3. (Chart 11)

Section 1 of this tutorial is linked below. Please start with section 1 as it will lay some of the ground work for this section & will also show these methods on actual charts. This section of the tutorial is a breakdown of the methods taught in section 1 and when studied together, can really give you a good understanding of how trends, reversals, ranges etc work. Please feel free to leave feedback below regarding if these tutorials have been helpful. I will be releasing many more of these tutorials in future ideas and your feedback really helps me to improve them! It may take you a couple minutes to get use to the format of these tutorials so take your time & read over the charts multiple times as there is a lot of good information provided within these tutorials.

Chart 6- Characteristics of a healthy trend
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Chart 7- A simple method that makes identifying trend reversals easy
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Chart 8- Why you should not rush your trades plus when & why you should have a neutral biased as a trend trader
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Chart 9- Mastering Reversals & how to trade them properly
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Chart 10- Continuation of GBPUSD -0.28%Structure Analysis ~ How To Identify & Avoid Trading Ranges To Improve Your Trend Trading Strategies ~ The Importance Of A Candles Closing Price.
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Chart 11- One of my trend trading rules to avoid trading ranges & Intro to the 1st part of Section 3.
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You Have Completed Section 2 Of The "How To Read Structure (Charts) Tutorial. Charts 6-11"! Thank you for taking the time to finish this section of the tutorial! I hope Section 1 and 2 have been helpful to you! In section 3, we will start looking at how you can use price action/structure & the methods taught in this tutorial to design your own trading strategy! After all of the sections are complete, you will have the tools needed to read structure, create your own rules based trading strategy and much more so please stick around as this is only the beginning of a very educational tutorial. Thanks Traders!
Sincerely appreciate the information. As someone new to trading, this was a huge help and very easy to understand. Often the charts and language used in other tutorials is completely foreign to new traders. Looking forward to more material.
Balas
Alec40 PRO bc_authority
@bc_authority, I am very happy that this tutorial was helpful to you! I am working on some new tutorials for tradingview now however if you would like to gain access to my full courses, please visit https://www.facebook.com/commerce/products/1444930968949880/ If you have any questions, please do not hesitate to PM me. Thank You for viewing!
Balas
Thanks a lot Alec. Very informative and appreciate the time you spent to put this together. I'm not sure if I missed something, but I was couldn't figure out what does "Break & Close" mean.
Balas
Alec40 PRO Mjuarez331
@Mjuarez331, You are very welcome my friend, I am glad the tutorial was helpful to you. Please take a look at these two charts and let me know if that answers your question. If you are still unsure, please do not hesitate to let me know and i will explain further.

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Balas
Very helpful. Thank you for sharing
Balas
Alec40 PRO linkt2018
@linkt2018, You are very welcome my friend! Much more content is on the way!
Balas
Thanks for the tutorial. Excellent material, easy to understand. Waiting for section 3.
Balas
Alec40 PRO JC_CSPB
@JC_CSPB, Thank you for the kind words! I am working on a ton of good material and will be releasing it soon. sorry for the delay on section 3.
Balas
thanks for exlpaining it in a very simple way. It's very informative and you can understand it well. Can you please publish section 3 and also how to do multiple timeframe analysis?
Balas
Tutorial 2 is superb! Trend reversal confirmation explanation is very detailed :-)
Balas
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