“What kind of market is this, and what does that make plausible or implausible?”
Stop 1.0 — Orientation: Understanding the Game You Are EnteringPreamble
🔴 Market Mechanics (What Drives Price)
The concepts in this section are not an exhaustive list of market structures. They are chosen because they make core auction mechanics visible, repeatable, and easy to observe.
1.1. How Humans and Algorithms Co-Operate in ES1.2. Time-of-Day Market Participation (ES)1.3. Liquidity, Incentives & Traps1.4. Forced vs discretionary flow1.5. Case Study: Early Auction Constraint (OR30)1.6. Case Study: Balance Formation and Expansion (IB)
🟠 Market Context — What the Market Is Allowing Right Now
1.7. Orientation — Reading What the Market Is Allowing1.8. What shape is price forming right now?1.9. Who is actually participating, and how broadly?1.10. Is time helping or suppressing expression?1.11. Is movement producing usable information — or just activity?
🟢 Outputs & Compression (Naming Without Trading)
1.12. Orientation — Naming Without Acting1.13. Session Archetypes — Market Character at a GlanceTo name what the market revealed, not to guide what you should do next.