welcome welcome welcome ladies and gents as you can see well as you may know today is day three it is currently Saturday morning and I just lit a candle and as you may or may not know I am spending my Saturday with you guys because it is day three of the trading cap as you may notice the camera the camera quality is a lot better because guess what I pulled my Vlog camera out cuz I said no more of that webcam even though I said it's going to be Raw it's still raw but that webcam was killing me I watched I rewatched the video and I was like you know what I can't I can't just give out this quality like this so when we talk about day three we're diving into the most important lesson chat and today is going to be a very important day for you guys so I really need you guys to pull out those you know pens and uh notebooks like we got here um we need to pull out those pens and notebooks because like I said today chat is going to be a very special and very informative day where I need you guys to all focus and lock in that's the whole model of the whole boot camp is to lock the freak in right so today we're going to be talking about Market structure so enough of my yapping just know that like I said today is Saturday and I'm giving you guys my Saturday morning just to help you guys get to the next level I can be doing whatever it's St Patrick's Day I could be outside driving to McLaren all around Dallas and whatever the case may be during St Patrick's Day but guess what I'm here with you guys to make sure that you get this information to make sure that you get to the next level in 2025 right so let's go ahead and dive right into it like I said today's lesson is Market structure just like we talked about yesterday now single-handedly next to psychology Trader psychology Market structure is the most important thing that you will learn inside of the market yesterday we learned the three phases so we understood that the market moved in three phases impulse correction continuation and we understood what those three phases meant now we're about to take that same concept and apply it to Market structure so we can get the technical aspect of it because of course sometimes you may not know what a direct impulse is or what a correction is or you know so forth and so on so we about to get into the nitty-gritty of overall Market structure right now when you think about Market structure Market structure is pretty simple the market is consistent of higher highs and higher lows in the uptrend and lower lows and lower highs in a downtrend so a uptrend structure looks like such and then we have this will be a low this will be a higher high so HH means higher high this is a higher low so forth and so on right this is this is the basics of Market structure you know the main Foundation of it you know so forth and so on so if you're brand spanking new you definitely need pay attention to this but if you've been Trading for a while of course this is the basics right so a uptrend is like I said this consistent of higher highs and higher lows right now this is a uptrend and then of course we have a downtrend that is consistent of lower lows and lower high points so lower low LL stands for lower low LH SPS for lower high point right so this is lower high this this is a lower low so forth and so on and the reason behind this these Concepts is this high is lower this is lower so it's beneath this previous high point so this is where the term lower high comes from this high right here was lower than the previous High Point right here so that is what's forming a downtrend when you have lower lows and lower high points being formed anytime you print a new lower low and new lower high that is mean that that means that your downtrend is continuing so we're going to talk about how to know when the trend is now over in a downtrend and also when to know when the uptrend is over right so let's think about the the basics right so like I said that the uptrend is consistent of higher highs and higher lows and a downtrend is consistent of lower lows and lower highs let me Mark this off real quick downtrend boom so we have this simple concept and then we have also this as well where the market is consolidating and it's not making any new highs or any new lows they're all pretty much equal in the exact same vicinity right so as long as all of the these points are at the same area this is what we call consolidation folks this is not a trend this is when the market is moving sideways and more than likely you're getting clapped in the market because you're trying to trade in between this and you really don't want to trade inside consolidation unless it's on a higher time frame and you have smaller Trends inside of it which we're going to talk about here in a second right so when we have a uptrend the market typically likes to print a new higher high and then we'll print a new higher low of course when we think about impulse correction continuation this is where it applies so if the market creates a new higher high B breaking this previous High Point here this is our impulse like we talked about from yesterday and then during this pullback to create that higher low this is our correction so I'm going label this C and I'm going label this I for impulse C for correction and then guess what once we that higher low that means that price is now setting up for our continuation so I'm going just put the money sign because we talked about it yesterday impulse tells us Direction the market wants to go correction confirms it continuation is where we get money right so we got I see money oh that's cool that's pretty cool ain't it I see money impost correction get money impost correction get money so whenever we are in the overall uptrend it is important that if price is not breaking the previous higher low points of the trend that means that you are still in the overall uptrend until that higher low points gets broken that's what is super super important for you guys to understand therefore if this pulls back and let me just draw a line right here if this pulls back let's just say it pulls all the way back super close to this line but does not break this higher low that means that price price is still in a overall uptrend and there's a high probability chance that the market will continue to go print new highs right so we can suspect that price is going to create a new higher low at this point as long as it's maintaining the last higher low of the trend so as a Trader it's your job to identify where is the last higher low of my Trend so I can know that if this higher low Point got broken in my uptrend I know there's a high probability chance that I can then transition into a downtrend why because if your higher low Point gets broken ladies and gents so something like this this is what you consider a break of structure so we will put b o s and if you watch my live streams every Sunday I literally talk about this like draw your breaker structure lines identify where your breaks and structure lines are at on every single time frame right so if we're in this overall uptrend and we get a break that's the market saying hey chat we just had a impulse break a structure to the downside I want to go down and just like we learned yesterday we do not just enter on the breakout of a impulse right what do we have to have write your comment in the I mean write your answer in the comment section before I move forward write the answer in the comment section so by the time this end of the video the answer to this question should literally be flooded it in the comment section so pause the video write the answer give y 5 seconds 1 2 3 4 5 all right cool so of course the answer is we must have a correction to confirm that right so whenever we break this higher low we need to see price correct itself and that's going to let us know okay yeah chat it's time to get money because why we had an Impulse breaker structure we got a correction and confirming now we'll be looking for a continuation once we get that continuation that is the full shift of this uptrend going into a new downtrend and now once we go into that new downtrend guess what we're forming we're forming new lower lows and new lower highs and new lower lows all throughout this price point why because we had a break of structure so whenever you break a previous higher low point in a uptrend that lets you know that the trend is now about to reverse whenever you break a previous High Point in the uptrend that lets you know that there's a high probability chance that the market will continue to print new highs and new higher lows so forth and so on so the same exact thing applies for a downtrend if I'm in a downtrend structure and price breaks my previous lower high point with the brand new impulse to the upside that's the market saying he chat guess what we need a correction first and then we'll get a continuation to make money you want to be the person that gets the money at the retest of this lower high point based off of the market telling you impulse correction money I see money right so that is how you know a downtrend is over once you break the most recent lower high point now the most important thing for you guys to understand is that within structure there will always be structure within each time frame just like I showed y'all yesterday the monthly time frame you can have impulse correction continuation you can have impulse correction continuation on the one minute time frame but guess what you have to be able to identify what structure what time frame structure you are on so let's just say that this is a daily uptrend right so I'm going just make this thick and I'mma make it red boom so I know if this is in a daily uptrend that this will be my breaker structure line and I'm going just put breaker structure for my daily boom now within that this whole daily move is not going to like it's going to take like months or like well not months weeks for it to break structure like if you like me and you're intraday Trader you're not waiting weeks for just a daily to break structure to take sales so you have to understand that within this daily structure there's this own uptrends and downtrends within price so if we look at this and we make this a little bigger this last little continuation leg of the daily can be broken down into a smaller time frame Trend so let's just say H4 the4 will be a impulse correction continuation all inside of this daily structure so guess what if my 4our breaker structure if I was looking for a 4our breaker structure guess where it would be it wouldn't be down here at this daily breaker structure because this is my daily higher low my my breaker structure for my 4our Trend would now be here because this is my 4our higher low so therefore I can take this concept and say well if we break underneath this 4H hour breaker structure and correct and give us a retest then that means that's high probability chance that I can catch the continuation down but guess what if the daily breaker structure never gets broken then that means technically on The Daily we're still in a overall uptrend so if we're in the overall uptrend I still have to be careful with these sales because at any point in time this daily um continuation can continue to the upside so what that'll look like is such like this will then in turn make a higher low on The Daily so we had a higher low here and then this will form a new higher low if this last 4 H4 um continuation didn't break this daily breaker structure so it's important to know what time frame breaker structure is due for what like you can get breaks of structures on M5 and then the main Trend be uptrend but the for the right now money on M5 you could literally take advantage of the quick sell off like literally that's that's literally what I do right so let's look at this on a live chart so y'all not just looking at examples so here we have gold here right now I want to highlight this because this is a uptrend on The Daily time frame we have a impulse we have a correction this whole box right here is one correction and then we have a continuation right so this clearly on The Daily time frame is in a overall uptrend but guess what chat guess mother freaking what if I drop down to the 1 hour and I go back to that same price guess what we have we have a trend inside of the daily Trend in itself right so guess what what is happening on my smaller time frame I'm having a let me change this real quick I have a impulse a correction a continuation correction continuation correction continuation so forth and so on right I am forming a series of higher highs and higher low points so let's illustrate that real quick and let's mark all of this [ __ ] off boom so I'm going Mark every single higher low so pay attention to what I just told y'all in the last examples so all of these higher highs that I'm marking are 1 hour higher highs guess what the [ __ ] is about to happen chat just take a wild freaking guess here we had a break of this higher low we had a break right here so guess what that told us this was was an Impulse break that was the market telling us Leo or chat I want to go down because I just made a new low I broke the previous higher low which means this uptrend is no longer valid so therefore I'm going to be going down for a short period of time so guess what we had chat we had an Impulse down we had a correction but what did that correction form it formed a lower low and then a lower high boom so impulse correction continuation so now if we look at this this is a lower low this is a lower high and guess what chat if a lower high point gets broken in a downtrend to the upside guess what that means that means price is about to go up it's about to go up it's about to go up so guess what the [ __ ] happened chat we had a breaker struck sure this last lower high point the market gave us a brand new impulse we got a correction and then guess what the [ __ ] happened we got a continuation so if you can identify that we just broke this structure we had an Impulse breaker structure we had a correction now we can catch the continuation guess what we can make we can make some mother freaking Monday why because the market moves in three phases impulse correction continuation the continuation is where we look to make our money chat it's that simple it's literally that simple so if I just go through this whole uptrend on The Daily remember if I go back to the Daily we are here like we literally are in this portion right here impulse correction continuation if I break this whole thing back down onto one hour structure literally you will see the whole all of the Trends on H1 but it's still in one complete uptrend on on The Daily so take a look at this chat boom impulse break a structure correction continuation let's mark off these lower highs and these higher lows this is now a new lower low because we broke that higher low this is a lower high this made a new lower low oops boom and then guess what the freak happened chat we broke the previous lower high again and then what happened we had a new high higher high then we made a higher low then we made a new higher high then we made a new higher low then we made a new higher high so forth and so on chat would you just take a freaking look at this boom and then guess what we broke structure again again and then we created a new lower low lower high lower low and then we broke structure again pulled back had a higher low and then we had a higher high higher low all the way up during this daily continuation and then it just continu to form higher highs and higher lows it's that freaking simple chat identify the highs and the lows of the structure identify where the breaks of structure are at and then you you will know what type of trend you're in literally it's that simple literally this shouldn't even be on the internet like this is some real [ __ ] so take this information that I just gave y'all and apply it go back and back test it and literally identify structure structure is the key when you understand structure you can understand where the market is going why because the market moves in a three phases that we talked about yesterday I'm speechless chat literally this is Market structure in a nutshell of course I can't go too in depth because you know I got to save some for the blueprint but this is the nitty-gritty of it chat you can take this exact same information applied to every single time frame that you have on your chart and I promise you if you go back and back test it you get good at you going to make some money CH so let me know in the comment section can you vividly understand Market structure right now chat based off of this lesson because I need to know I need to know now one thing else chat one thing I need y'all to do because obviously we're only on day three we are only on day three and look how much value I have given you guys I need you guys to First smash that like And subscribe button you definitely want to be subscribed and you want to make sure that you turn on the notification Bell just so that you don't miss a drop because it might be one day like today today St Patrick's Day weekend or whatever the case may be you might be out partying drinking with your friends and then be like oh shoot I forgot Leo dropped a video I forgot to watch it but if you got that notification Bell on guess what it's going to go straight to that your device it's going to tell you Mike Leo is premiering at 5:30 p.m. central Time for trading Camp day three so let's get to it make sure you smash that like button make sure you smash that subscribe button make sure you turn on notification Bell and I'mma check my subscribers chat y'all gota I'm giving y'all the value y'all gota y'all gotta Meet Me Halfway so I should see my subscribers increase I should see the number of notification Bells increase I should see the likes increase from the last video I should see all of that chat so with that being said I'll see y'all tomorrow for day four let's get this money