Day Trading Market Structure Signals
3.5 (83 ratings)
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Day Trading Market Structure Signals

Learn to day trade market structure highs and lows by identifying powerful setups with a simple 3-candle sequence.
3.5 (83 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
5,420 students enrolled
Last updated 7/2014
English
Price: Free
Includes:
  • 33 mins on-demand video
  • 1 Article
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
Have a better understanding of intraday trading strategies
Walk away with supplemental material such as a free day trading manual
Practice implementation of new skills on a live simulated trading environment
View Curriculum
Requirements
  • Working knowledge of trading platforms
  • A basic understanding of how equity markets function
  • Access to level 2 data (Free Simulator Available)
  • Understanding of support & resistance levels
Description

Welcome to the Alpha 7 Trading Academy's Day Trading Market Structure Signals course. This course will teach you simple powerful setups using a simple 3-candle sequence. You'll learn to trade market structure highs and lows and equipping the rifle chart as well as a step-by-step process for identifying and executing the strategy in a do-it-yourself style.

This short course will teach you a simple & effective day-trading strategy and provide you with the tools you'll need to master the strategy. Watch as the strategy is put to the test during live market conditions for a $290 profit on one day. The best part is the course is free and the strategy is transparent, easy-to-use and most importantly, effective.

Who is the target audience?
  • Great for any level trader! Beginner thru Professional!
  • Interest in trading stocks
  • Looking for intraday trading strategies
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Curriculum For This Course
Expand All 5 Lectures Collapse All 5 Lectures 01:49:18
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Introduction
1 Lecture 00:41
Instructions
00:41
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Chapter 1: Market Structure Lows
1 Lecture 08:01

Market Structure Signals:

•Markets and stocks go through periods of trending and reversions.

•Market structure signals provide trade-able reversion/reversal triggers using candle stick charts.

•Market structure highs (MSH) are sell signals.

•Market structure lows (MSL) are buy signals.

Market Structure Lows:

•This 3-candle formation signals a reversion/reversal of a downtrend.

•Formed at new lows or after a series of red candles

•MSL form at ‘bottoms’

•MSL consists of a new low, lower low and higher low.The high of the low candle is the MSL trigger.Longs trigger 1 tick above that high.

•Trail stop is at the low of the second candle.

Step by Step for Market Structure Lows:

•Find a MSL for new low of the dayand mark the trigger with horizontal trendline.

•Wait for 1 minute stochastic to bottom and coil through the 20 band.

•Trail the MSL candle low as a stop

•Enter LONG on a 20 band bounce with a mini pup

•Scale out into the selling at appropriate bumpers

Chapter 1: Market Structure Lows
08:01
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Chapter 2 - Market Structure Highs and Rifle Charts
1 Lecture 05:47

Market Structure High

•This 3-candle formation signals a reversion/reversal of an uptrend.

•Formed at new highs or after a series of green candles.

•MSH form at ‘tops’

•MSH consists of a new high, high and lower high (candle).The low of the lower high (3rd) candle is the MSH trigger.Shorts trigger 1 tick below the low of the 3rd candle.

•Trail stop is at the high of the second candle.

Step by Step for Market Structure High

•Find a MSH for new high of the dayand mark the trigger with horizontal trendline.

•Wait for 1 minute stochastic to peak and slip 80 band

•Trail the MSH candle high as a stop

•Enter SHORT on a 80 band slip with mini inverse pup

•Scale out into the selling at appropriate bumpers

Basic Rifle Chart Setup

•Simple moving averages: 5 and 15 periods

•Stochastic: %D 3, %D Slow 5, source close

•Bollinger Bands: 20 period 2 standard deviations

•Additional options:

–50 period simple moving average

–200 period simple moving average

–Pivot points

–Volume bars

Chapter 2 - Market Structure Highs and Rifle Charts
05:47
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Chapter 3 - Market Structure High Trades
1 Lecture 18:44

The surface results are the by-product from building a galvanized foundation below

Chapter 3 - Market Structure High Trades
18:44
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Free Alpha 7 Day Trading Manual Ebook
1 Lecture 00:00

The Free High-Frequency E-book covers the following topics: Markets and Exchanges; Orders, Transactions and Positions; Auction Market - The Specialist; Dealer Market - Market Makers; Electronic Communications Networks & Darkpools; Basic software & trading concepts; Market Indicators - Information Concepts; Risk Management; Rules and Compliance; Trading Psychology; Trading Strategies & Concepts; Your First Battle; Applied Trading Strategies & Much More!

Free Alpha 7 Day Trading Manual Ebook
76 pages
About the Instructor
Proprietary Trading
3.5 Average rating
88 Reviews
10,702 Students
2 Courses
Proprietary Trading Training | Day Trading Courses

The Alpha 7 Trading Academy was created by individuals who have decades of combined experience in proprietary trading specializations including: Programming and automation of trading platforms; Current and effective intraday trading strategies. Algorithmic trading strategy development; Risk-management, Academia and a range of other trading-related products and services. Among the creators and founders of the Alpha 7 Trading Academy’s day training programs are multiple private investment advisory firm and private-equity fund managers with vast amounts of industry-related experienced resulting in a rigorous and thorough educational experience designed to empower you with current and effective trading strategies.

With the assistance of Jea Yu, Alpha 7 Trading Academy moves theory to actual practice by giving students and experienced traders the ability to hone their trading risk-management skills through one of the most intensive and well-renowned trading education programs available for mastering the art of intraday stock trading. Our day trading training program is designed, developed & narrated by best-selling trading author, Jea Yu, who has over 15 years of active participation in US Equities, Futures and Options Markets. Jea has been Voted Forbes Best of the Web for four consecutive years as well authored four best sellers through Wiley Trading and McGraw Hill with his latest book being released in July 2013 by Bloomberg Press and John Wiley. Due to the quality-standard and comprehensive nature of intraday trader training program, Alpha 7 proudly offers a unique placement assistance program assessed by multiple private-equity fund managers in order to provide you the most straight-forward approach to demonstrate your qualifications to a number of U.S.-based investment advisory firms consistently on the lookout for talented traders to trade firm capital.