BASIC MARKET STRUCTURE
Swing high = highest point that caused the swing low
Swing low = lowest point that caused the swing high
Internal structure = everything between swing high & low
After a Bos => Expect a pullback on that timeframe
👑Price inefficiencies are also known as imbalances, gaps or voids. Healthy price action moves in a zigzag fashion, making highs and lows in line with the directional bias at any given moment. When price isn’t trending we find it consolidates, in which case highs lows are still being made. However, we may also see price move in straight lines with huge volume and...
TV wouldn't let me write "ICT" in the title lol
Anyhow, here's a great example of a clean SMC/ICT continuation trade on the 15min timeframe.
I generally like to watch the Euro on the 4H, but since I don't have a setup at the moment, I thought I'd flip to the lower timeframes and play around with Replay.
1. The first thing that caught my attention was the break...
Order Blocks Explained
Now we'll look at one of the important concepts we utilize to find our precise entry points:
order blocks.
So, what exactly is an order block? An orderblock is a visible spot on the chart where a
large order is being placed on the market. You'll notice the order being placed, followed
by a quick move from that region, leaving behind...
Check out this 7.32RR trade I took today on GBPUSD.
OANDA:GBPUSD
Trade Process:
Daily is bullish with FVG serving as draw on liquidity.
1HR: Took out Sellside liquidity left with BuySide liquidity to take out.
15M: London Session open took out 15M sellside liquidity with high probability of taking out Buyside liquidity.
Entry: I used my fib to locate...
This is an example of why candle closes are important when marking out a BOS which changed direction. Like here the low just got swept and went on to make another higher high. There is no real way to know if it is a BOS or a trap so it's best just wait and see if we get a candle close or in this case break the high. You could get a reaction on the lower timeframe...
Today i would like to share full list of basic terminology Smart Money Concept
To all newbies this list will be useful
HH (Higher High) - high maximum
HL (Higher Low) - high low
LH (Lower High) - low high
LL (Lower Low) - low minimum
Fib (Fibonacci)
PDH is the high of the previous day.
PDL is the low of the previous day.
PWH is the high of the previous...
Hello traders. In this post we aim to explain you on how to identify the correct orderblock. Please pay careful attention to the annotations made on the chart.
Happy Trading
Team Lamda
Market structure in Forex trading or price action is how many people take advantage of the markets. No indicators, and no volume. Because the market does not have a centralised exchange. Forex traders often swing trade the market based on the structure to take advantage of the opportunity.
Structural market change is broadly defined as a shift or change in the...
I have tried to make this example as simple as possible to understand for anyone that are not too familiar with liquidity hunts.
Always look for were the most liquidity is accumulating then place your trade above or below were there has been a liquidity swoop, as long as it lines up correctly with what strategy you are using.
If you add this to your trading...
