By the end of this session you will:

• Understand the two states / conditions that the markets can be in
• Use the basic market framework you learned earlier (supply/demand, value, psychology of participants) to understand the rationale behind these states
• Be able to look at a candlestick chart and gauge which places the market is trending versus where it is balancing
• Be able to look at a market profile chart and gauge which places the market is trending versus where it is balancing
• Understand the fractal nature of markets and how similar states and patterns develop at all time-frames

The benefits this session will give you:

• Being able to see the markets from within a logical and structured framework makes them much easier to understand and decipher correctly. While most traders are obsessed with patterns and indicators, you’ll be in a position to know what’s really happening beneath the surface and to stay on the right side of market action.