** SMC (SMART MONEY CONCEPTS)
1. Liquidity
2. Supply and Demand
3. OB è Refinement
4. Order Flow
5. Price Imbalance
6. Mitigation
7. Entry Type
8. Market Structure = BOS
9. Refinement
10. How we Trade
11. Lower Time Frame
12. Tips
1**LIQUIDITY $$
Where all the money of retailers sits or stop loss
#Type of liquidity
1. Trend line $$/N/$$
2. Support and Resistances $$/M or W/$$
3. Equal highs & Equal lows
4. Ranging $$/VVVV//$$
2.**Supply and Demand
2**Demand zone
1. consolidation/ ranging market before the impulsive move towards upside is known as demand zone
2. demand zone can be treated as support in future
3. it is also used for getting out of the sort trade
#How to mark demand zone
1. mark low of range and highest body of the
Candle or
2. Mark the range as whole
2**Supply zone
1. Consolidation/ ranging market before the impulsive move towards downside is known as supply zone
2. Supply zone can be treated as resistance in future
3. It is also used for getting out of the long trade
#How to mark supply zone
1. Mark high of the range and body of the lowest candle or
2. Mark the range as whole
**MARKET STRUCTURE
#BREAK OF STRUCTURE
1. B.O.S – 1
Past wick is broken by candle
2. B.O.S – 2
Past wick is broken by body
3. B.O.S – 3
Past wick is broken my wick
#Types of B.O.S
1. Calm & Corrective B.O.S (Moves the market in same direction)
2. Aggressive B.O.S (Trend Changes)
**ORDER BLOCK
1. Bullish O.B
a. Last down candle before the impulsive move towards the upside which leads to the break of structure.
2. Bearish O.B
a. Last Up candle before the impulsive move towards the downside which leads to the break of structure.
**Order Block Refinement
**Lower Time Frame Refinement.
Mark OB from higher Time frame to Lower time frame
** Price Imbalance
**Entry Types
1. Single-B.O.S Single confluence
2. Double-B.O.S Single confluence
3. Single-B.O.S Double confluence
4. Double-B.O.S Double confluence*
** Refinement
(Order Block/ Supply and Demand zone)
1. Use Higher Time frame to identify the overall picture of price and to get directional bias.
2. Mark Order Blocks.
3. Understand where the momentum came into the market.\
4. What caused the break of structure
#Strategy Checklist:
1. 1hr Time Frame Direction & Bias
2. 1hr Supply & Demand Levels
3. Refine 1hr Order block on 15min TF, Only when its clearly needed
4. 1min TF – Trade Execution once price trades into Higher TF areas
5. Refine on 30sec or 15Sec.
6. Ask yourself –
a. What is price telling you?
b. Is there any liquidity left to clear?
c. Are we still bearish coming into bullish OB or vice versa?
d. Is price still respecting the supply zone?
e. What are Smart money looking at along with retail?
Rules
1. 1HR direction Bias (check whether it's in a trend or range)
2. 15 min order block/ area of interest/ point of interest
3. Look for the price to enter OB on 5 min and 1 min time frame
4. Execute on 1min TF once we get and OB and BOS.