{"id":96247,"date":"2016-10-09T05:44:58","date_gmt":"2016-10-09T09:44:58","guid":{"rendered":"http:\/\/countingpips.com\/?p=96247"},"modified":"2016-10-05T05:45:16","modified_gmt":"2016-10-05T09:45:16","slug":"path-of-least-resistance-keeps-traders-on-track","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/10\/path-of-least-resistance-keeps-traders-on-track\/","title":{"rendered":"Path of least resistance keeps traders on track"},"content":{"rendered":"
October 9, 2016<\/div>
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By Admiral Markets<\/b><\/p>\n

\"pablo<\/p>\n

Dear Traders,<\/p>\n

Seeing price turn at unexpected points can create stress and confusion.<\/p>\n

I’m sure that you’ve encountered these awkward trading moments where the price took you by surprise\u2026<\/p>\n

\u2026or that you felt lost in a sea of analysis and struggled to find a setup.<\/p>\n

Today’s article will explain how traders can benefit from understanding the market structure.<\/p>

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As a bonus, I’ll show you why and how the price chooses the
\npath of least resistance<\/em>.<\/p>\n

Once I’ve learned the logic behind this path, my trading became calmer and wiser.<\/p>\n

I hope it will have the same effect on you.<\/p>\n

\"free<\/a><\/p>\n

Market structure explained<\/h2>\n

Firstly, I’ve got some good news and some bad news.<\/p>\n

Let’s start with the bad news:<\/p>\n

\u2026there is a vast number of inputs impacting the movement of price at any given point in time.<\/p>\n

The good news is, we can simplify our understanding of price movement by using these three concepts:<\/p>\n

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  1. trend and momentum<\/em> \u2013 analysing trends, momentum moves, corrections and ranges<\/li>\n
  2. S&R<\/em> \u2013 support and resistance (S&R) levels<\/li>\n
  3. patterns \u2013 <\/em>finding various patterns like candlestick and chart patterns.<\/li>\n<\/ol>\n

    These three methods alone proved to be really helpful in making me understand the market structure.<\/p>\n

    To gain more perspective on using the market structure, you can take a look at the video below after you’ve read the article.<\/p>\n