How To Read Market Structure | Change In Character | CHoCH | SMC
Hello Family!
So one important aspect for me is the Change In Character. However, it is important to understand that without any context this concept can almost be detrimental.
It is so important to build an overall story using Structure, Liquidity and Supply & Demand concepts. Once you truly understand when to and when not to use CHoCH then it'll take away some low probability set ups.
As always, keep it Simple and Systematic and you will be just fine ;)
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Disclaimer: Any information or analysis on here expresses my personal opinion only. Forex trading involves risk and is not suitable for all investors. Before deciding to invest in foreign exchange or another financial market, you should carefully consider your investment objectives and risk appetite. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action, and any trades you decide to place are your own.