Order block- smart money concepts. Tradewithworldbank
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ORDER BLOCK-SMART MONEY CONCEPTS
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- To get an order block candle, you look for the red or green candle
ORDER BLOCK- SMART MONEY CONCEPTS. TRADEWITHWORLDBANK Complete trading guide on trading order blocks smart money concept. In this e-book I will explain the following: • WHAT IS SMART MONEY CONCEPT ( SMC) • HOW TO TRADE SMART MONEY CONCEPT • USING ORDER BLOCK • HOW TO TRADE PROFITABLY WITH ORDER BLOCKS. • LIQUIDITY GRAB AND ORDER BLOCK ENTRY Firstly I want to ask, do you always question yourself when you see trades on Instagram or YouTube with crazy sniper entries and you are like, how the fuck did this person enter thee market so accurate??? The simple answer to thee question is “he is a smart money trader”. Because smart money allows you to enter the market almost immediately the same way banks are ready to move and then you feel like a god coz you got the direction accurately and market is moving as exactly you predicted it. • What is smart money concepts?? Yes, without rush I will move straight into what SMC means Smart Money trading refers to the use of institutional trading strategies which are aligned with the perspectives of Smart Money. Smart Money trading refers to the use of institutional trading strategies which are aligned with the perspectives of Smart Money. Institutional Smart Money trading is superior to any retail trading strategies on many levels. This do not mean retail trading strategies do not work at all. It just ORDER BLOCK- SMART MONEY CONCEPTS. TRADEWITHWORLDBANK means Institutional Forex is more powerful and more accurate than anything the retail market offers. Smart Money naturally has more access to knowledge and resources than retail traders or “Dumb Money” to their disposal. Tracking smart money investments will give you the true narrative and what to expect of price in the market. STOP HUNT EXPLAINED You’ve probably experienced this if you’ve been trading for over a year. Price moves against your directional bias, hits your stop loss, then reverses to your initial direction. This is called a Stop hunt. Stop hunts are a way for the Smart Money to get into their positions at a better price. They will lead you one direction, manipulate price to stop you out, then absorb your position. This will happen to you over and over again until you learn the concepts of Institutional Forex and how to see things in the Smart Money’s perspective. This happens to most retail traders and you are like wtf just happened, I got stopped out. It has also happened to me before but when I knew about SMC my stop losses weren’t hit anyhow carelessly. • How TO TRADE SMARTMONEY CONCEPT Normally there are several strategies to trade with smart money as an Institutional trader but I prefer using order blocks which deals with the Inner Circle Trading and wyckofff schematics, but in this PDF I will explain only how I trade with order blocks. • Using order blocks and how to trade profitably with order blocks. ORDER BLOCK- SMART MONEY CONCEPTS. TRADEWITHWORLDBANK We are getting to the heart of the strategy, order block, Order block is a special supply and demand zone, considered a market behavior, that indicates the pile- up of orders from banks and institutions. The central banks and financial institutions mainly drive the forex market. Now, what does this mean, it means to identify an order block we need to identify where the market has moved very strongly or impulsively according to the definition of order block above, now it also means for the market to move so impulsively or strongly there is gonna be a break of support or resistance if the pile of orders move to the upside or downside respectively. The order block shows up immediately before the order flow happens. The break of support or resistance is now called break of structure (BOS). I will explain with an illustration now: ORDER BLOCK- SMART MONEY CONCEPTS. TRADEWITHWORLDBANK ILLUSTRATION 1. From illustration 1 above, the arrow upside indicates the order flow to the upside and I have drawn the order block(red candlestick) in the red rectangular box which occurred before the order flow. NOTE: To get an order block candle, you look for the red or green candle Download 1.29 Mb. Do'stlaringiz bilan baham: |
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