๐ Smart Money Concepts: A Market Structure Showcase
๐What Is Smart Money? Smart money is the capital that is being controlled by institutional investors, market mavens, central banks, funds, and other financial professionals. Smart money was originally a gambling term that referred to the wagers made by gamblers with a track record of success.
๐Principles of Smart Money Market Structure in Order Block Trading Price moves within a structural of support and resistance. A breakout of the structural of support or resistance will lead to price movement in the next area of the support or resistance. When the price broke market structure was high the low point becomes a strong low. Strong Low is The Low that caused Manipulation and Break Structure (resistance). Fresh high in an uptrend and fresh low in a downtrend. Weak Low/High is the Low that fails To Break Structure
๐นFor every strong LOW, there is a weak High ๐นFor every strong High, there is a weak Low
After a zone is tested many times or during a strong move, Supply and Demand levels eventually break. Due to the remaining orders being triggered and gradually removed, or an overwhelming number of orders in the opposite direction breaking the level.
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