This book is written for the serious beginner who is searching for a basic primer in understanding market behavior and applying this knowledge to trade in the financial markets. The concepts covered in this book are based on the foundational course that I conduct for SGX Academy. It is important that I clearly state what this book will and will not achieve, so that you, dear readers, can decide whether this is what you need and desire. Perhaps an analogy here will illustrate what I mean. In the learning of Japanese martial arts, the beginner student is usually taught one basic technique. The student learns and internalizes this single basic technique so that he can respond to a specific combat situation. If this combat situation is altered, then the initial technique may not provide the student with a satisfactory solution. He needs to learn new techniques and then internalize them with his existing knowledge in order to widen the combat situations that he understands and can properly respond to. So it is with trading, and my approach to teaching and learning trading techniques. Financial markets are complex, and the way the markets can behave is also complex. It will be extremely difficult, if not impossible, for any beginner to gain immediate mastery of complex market behavior. The logical solution is to break down the complexities into bite-size basic building blocks. As the student progresses, additional knowledge is acquired and existing knowledge built upon, allowing the student to begin understanding ever more complex situations