Academic & Practical Framework

Master Syllabus & Laboratory Structure

A structured, evidence-based training syllabus designed to master volume spread analysis and bar-by-bar price action confirmation.

Bar-by-Bar Chart Replay

Step through historical market charts one candle at a time with the right-side of the chart hidden. Make real-time decisions on volume clues before seeing the outcome.

Annotated Answer Keys

Every homework assignment includes a high-resolution, color-annotated reference chart explaining the exact volume mechanics behind each bar.

Direct Instructor Critique

Receive personal written and audio feedback on your chart markups from Grace Morgan, ensuring mistakes are caught and corrected immediately.

Institutional Order Flow Context

Learn how major commercial entities and liquidity providers interact with retail order books at key technical inflection points.

Detailed Module Index

Core 6-Week Instructional Sequence

Each module combines theoretical auction mechanics with rigorous chart marking homework and live clinic playback.

Module 01

Foundations of Volume Spread Analysis & The Auction Mechanism

Week 1 (6 Hours)

Establishing the mechanical relationship between price spread, closing position, and trading turnover across liquid markets.

Topics & Analytical Concepts Covered:

  • The physics of supply and demand: How market orders consume limit orders on the depth of market
  • Defining the three core bar dimensions: Range spread, close location relative to the high/low, and volume quotient
  • The Law of Effort vs. Result: Identifying anomalous effort where high volume produces narrow price movement
  • Filtering noise: Calculating rolling 20-period relative volume (RVOL) thresholds

Practical Laboratory Assignment: Lab 1: Annotating 30 historical chart segments to classify bars into wide-spread accumulation, narrow-spread absorption, and testing volume.

Module 02

Stopping Volume, Absorption, and Climax Signatures

Week 2 (6 Hours)

Decoding how institutional liquidity absorbs market selling cascades and caps euphoric buying frenzies.

Topics & Analytical Concepts Covered:

  • Selling Climaxes (SC) and Buying Climaxes (BC): Volume footprints at market extremes
  • Stopping Volume mechanics: Identifying when market orders are swallowed by institutional bids
  • The Secondary Test (ST): Verifying supply exhaustion on declining volume before taking risk
  • Distinguishing genuine absorption from deceptive distribution near range highs

Practical Laboratory Assignment: Lab 2: Bar-by-bar playback exercises identifying valid vs. failed secondary tests across ASX 200 and S&P 500 historical data.

Module 03

Structural Market Phases & Wyckoff Schematic Mapping

Week 3 (6 Hours)

Mapping multi-week market cycles to establish whether price is in Accumulation, Markup, Distribution, or Markdown.

Topics & Analytical Concepts Covered:

  • Phase A through Phase E in classical accumulation schematics
  • Springs and Shakeouts: Identifying false breakdowns below support that trap liquidity
  • Upthrusts After Distribution (UTAD): Spotting terminal supply injections
  • Sign of Strength (SOS) and Jump Across the Creek (JAC) confirmations with expanding volume

Practical Laboratory Assignment: Lab 3: Full structural phase breakdown of 10 unknown historical charts, determining phase transition points and bias.

Module 04

Volume Profiling, High Volume Nodes & Value Area Shifts

Week 4 (6 Hours)

Integrating horizontal volume distribution to identify fair value zones, liquidity shelves, and migration patterns.

Topics & Analytical Concepts Covered:

  • Constructing Session and Composite Volume Profiles
  • High Volume Nodes (HVN) as rotational magnet zones vs. Low Volume Nodes (LVN) as rapid traversal corridors
  • Naked Points of Control (nPOC): High-probability target identification
  • Value Area migration: 80% Rule trading within developing session profiles

Practical Laboratory Assignment: Lab 4: Overlaying volume profiles on daily swing charts and generating structural take-profit grids.

Module 05

Multi-Timeframe Alignment & Precision Trigger Bars

Week 5 (6 Hours)

Connecting macro structural levels with tactical lower-timeframe execution triggers without inducing indicator paralysis.

Topics & Analytical Concepts Covered:

  • The 3-Tier Timeframe Matrix: Weekly structure, Daily context, Intraday execution
  • Trigger bar taxonomy: Pin bars on high volume, engulfing candles with volume confirmation, and inside-bar breakout failures
  • Defining precise invalidation points: Placing stop losses beyond structural volume shelves rather than arbitrary pip/point distances
  • Trade management rules: Partial profit taking, trailing behind volume nodes, and managing adverse excursions

Practical Laboratory Assignment: Lab 5: Real-time paper execution drill during market opening hours following strict 3-tier rules.

Module 06

Execution Discipline, Trade Journaling & Playbook Finalisation

Week 6 (6 Hours)

Consolidating your personalized technical rulebook, risk sizing limits, and post-trade forensic journaling routines.

Topics & Analytical Concepts Covered:

  • Position sizing mathematics based on volatility and distance to invalidation
  • Eliminating emotional errors: The pre-trade checklist and trade execution cooldown protocols
  • Forensic trade journaling: Categorizing errors into execution slippage, premature exit, or invalid premise
  • Final one-on-one playbook review with Grace Morgan

Practical Laboratory Assignment: Lab 6: Assembling your complete Personal Volume & Price Action Playbook and presenting it in your final mentoring session.