Re: Sword System

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chickensword wrote: Wed Aug 24, 2022 3:00 pm CHOCH means change of character
BOS means break of structure

break of structure means new higher high in a uptrend
choch means a lower low in a up trend
Dear Sir,
Refer to the same image, What does CHOCH says about the current up trending market?
How does one apply this understanding to take trade in the current market?
Would you consider recommend resources for me to gain good knowledge and understanding of CHOCH?

With a grateful heart.
Looking forward to learning from you.


Sincerely,

Stuart
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Re: Sword System

110
StuartWong wrote: Sun Aug 28, 2022 11:44 am
people say these are smart money concepts but they have been around so long they are dumb money concepts

price doesnt respect higher highs and lower lows very often a new high was formed then a higher high
then i was looking for a retest of the trendline upwards
but these in turn ended up being a false breakout
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