Auction Market Theory And Market Regimes

Most retail traders think markets are prediction machines. Price goes up because someone "knows" good news is coming. Price goes down because "smart money" is dumping. That story feels good, and it's wrong. Markets are auctions — a continuous negotiation between buyers and sellers hunting for a price where trade can happen. This course teaches you to read that negotiation: who is participating, which prices get accepted, which get rejected, and which regime you're actually in — balance, imbalance, or the transition between them. It builds directly on the structure reads from Chart Literacy And Market Structure and the invalidation discipline from The Trader's Operating System, and it ends with a simulator where you defend every decision with auction evidence, one bar at a time.