A fair value area.

A fair value gap.

A swing point.

Followed by fair value gaps as well.

Opposite of short-term highs (swing low, no higher swing lows around).

These are followed by fair value gaps.

Short-term highs are significant swing highs without swing highs lower on the left or right.

Preview of the next topic: candle science.

Encouraged students to conduct case studies on order flow lags.

Order flow is crucial for understanding market direction and is the foundation for strategies in MMT.

Importance of fair value gaps in predicting market direction.

Discussed interpreting order flow through practical examples (Euro JPY, US Dollar Canadian Dollar).

Emphasized the need for understanding these concepts on the daily time frame first.

Importance of understanding higher time frame order flow lags for market direction.

Order flow lags indicate price intention (bullish/bearish).

Components of order flow lag:

Highlighted that no fair value gap means no order flow lag or fair value area.

Fair value gaps are crucial for identifying order flow intentions.

Order flow gives a more accurate representation of current market conditions.

Emphasized understanding that short-term structures on higher time frames might appear as intermediate on lower time frames.

Introduced the concept of fractal nature in market structures (short-term vs. intermediate).

Discussed the importance of different time frames (daily, 4-hour, 1-hour).

Targets are often on the left side of price action due to order flow considerations.

Emphasized the use of the daily time frame to identify targets.

Reviewed the concept of fair value gaps and swing points from previous videos.

The focus of the lecture is on explaining the relationship between market structure and order flow.

It is closely related to fair value gaps.

Order flow is a key concept for profit generation.

Conclusion

Practical Application

Order Flow Lag

Order Flow and Market Structure Relationship

Time Frame Analysis

Short-Term and Intermediate Term Highs and Lows

Recap on Market Structure

Introduction to Order Flow

Lecture Notes on Order Flow and Market Structure