Smart Money Concepts Basic Entry - How To Smart Money Concepts
This is a Smart Money Concepts Diagram With Basic Entry Examples
Wait for a break of structure
Price will likely return to a supply or demand zone
Upon retracement follow the same model on a lower time frame OR place a pending order on the supply/demand zone for the entry.
Set full or partial take profit at the next high/low
These are the main smart money trade setups that you will find in your charts, this is how smart money (big banks, funds, composite man, etc.) manipulate markets to engineer liquidity.
Smart money concepts like this are painfully simple and often offer a high risk to reward ration without complicated indicators or complex rules.
I hope you find this to be a useful reference diagram for Smart Money trade setups 😁
You can use this as a printable PDF or save it for your digital notes
If you have any questions please comment below and I can make updates to the F.A.Q.
Wait for a break of structure
Price will likely return to a supply or demand zone
Upon retracement follow the same model on a lower time frame OR place a pending order on the supply/demand zone for the entry.
Set full or partial take profit at the next high/low
These are the main smart money trade setups that you will find in your charts, this is how smart money (big banks, funds, composite man, etc.) manipulate markets to engineer liquidity.
Smart money concepts like this are painfully simple and often offer a high risk to reward ration without complicated indicators or complex rules.
I hope you find this to be a useful reference diagram for Smart Money trade setups 😁
You can use this as a printable PDF or save it for your digital notes
If you have any questions please comment below and I can make updates to the F.A.Q.