Level 2 Q&A: Liquidity & Structural Markups
Before moving to Level 3, you should be able to do all of the following without notes:
  • Define ERL.
  • Identify ERL's visual standard.
  • Define IRL.
  • Explain ERL vs IRL.
  • Identify both primary forms of IRL.
  • Define FVG.
  • Define Void.
  • Explain FVG vs Void.
  • Explain the basic IRL → ERL relationship.
  • Define P/D Array.
  • Identify Premium.
  • Identify 50% Equilibrium.
  • Identify Discount.
  • Explain why P/D Arrays matter structurally.
  • Define POI / PoINV.
  • Explain structural invalidation.
  • Recite all seven required markups.
  • Match every markup to its correct visual standard.
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Coach El
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Level 2 Q&A: Liquidity & Structural Markups
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