Intermediate course
Market Structure: Swings, Zones and Liquidity
Swing points, breaks of structure, supply and demand zones, liquidity, order blocks and fair value gaps, defined as rules you can mark the same way every time and then test.
7 lessons · 66 minutes · Free
Free. Enrol to open the lessons; your progress and certificate are saved to your account.
Free certificate
Mark every lesson complete and pass the final quiz with 70% or more to get a certificate of completion. You can download it as a PDF or share it on LinkedIn.
Get your certificateMuch of this vocabulary is sold online as “smart money concepts”: break of structure, change of character, liquidity, order blocks, fair value gaps. Here each term is a precise description of what price did, with a rule for marking it, so that you and anyone else would draw the same labels on the same chart.
The course is also honest about the limits. These labels are drawn after the fact, teachers define them differently, and nothing on a retail chart shows what banks are doing. Treat every idea here as something to test, which is what the last lesson does.
Lessons
- 1Swing highs and swing lowsMark swing highs and lows with a fixed "N candles on each side" rule, so you label the same chart the same way every time.
- 2Break of structure and change of characterLabel swings as higher or lower highs and lows, tell a break of structure (BOS) from a change of character (CHoCH), and see how the rule you choose changes the labels.
- 3Supply and demand zonesMark a demand or supply zone from the small base before a fast move, compare it with support and resistance, and plan a trade with the stop beyond the zone.
- 4Liquidity and stop runsWhat "liquidity" means in market-structure talk, how a sweep of obvious highs or lows looks, and how to place stops with it in mind without assuming anyone is hunting you.
- 5Order blocks: what the term means and what it does notMark order blocks and fair value gaps with a fixed rule, see how often price comes back to them, and separate what the chart shows from claims about banks.
- 6Testing a structure idea honestlyTurn a market-structure setup into rules two people would mark the same way, backtest it in R with costs, and avoid the biases that make these methods look better than they are.
- 7Course check: test yourselfThe whole course on one chart, flashcards for the structure vocabulary, and ten questions on swings, breaks, zones, liquidity, order blocks and testing.