SMART MONEY CONCEPT
If you know about smc
Then you know now the price at order block zone..
What is order block?
Let me explain but this is what i understand
Maybe not same you learning
Order block is supply and demand zone
Supply and demand create price action, price action creates patterns. I think the best way
to start the topic would be to reveal to you what the most important factor is in trying to identify
a supply or demand zone.
Supply is simply the amount available, while demand is the amount that is wanted.
Supply is the amount available at a particular price, while demand is the amount that is wanted
or desired at a specific price, now this doesn't sound like the old point of interest shit right? That's
because supply and demand is a method or you could say a theory of its own.
Supply and demand define the strength of the market, they are what give us all the
information we see. Everything we see on the charts happens because of one thing, the
interaction between supply and demand e.g. structure, momentum, liquidity, trend, impulses,
corrections, etc.
We view supply and demand in much the same way as we view structure. If a market is
bullish, demand is in control, if bearish, then supply is in control.
We can see areas of unmitigated supply and demand in previous legs of price. These are
bullish candles in a bearish leg that break structure or vice versa. A supply or a demand zone is
not just an Order block and an Order block is not just a supply or demand zone.
Some aspects that relate them to each other, and a few very important things we can learn
from
An order block is formed within a higher time frame supply or demand zone.
A supply zone could also be retined into an order block as a point or interest
Then you know now the price at order block zone..
What is order block?
Let me explain but this is what i understand
Maybe not same you learning
Order block is supply and demand zone
Supply and demand create price action, price action creates patterns. I think the best way
to start the topic would be to reveal to you what the most important factor is in trying to identify
a supply or demand zone.
Supply is simply the amount available, while demand is the amount that is wanted.
Supply is the amount available at a particular price, while demand is the amount that is wanted
or desired at a specific price, now this doesn't sound like the old point of interest shit right? That's
because supply and demand is a method or you could say a theory of its own.
Supply and demand define the strength of the market, they are what give us all the
information we see. Everything we see on the charts happens because of one thing, the
interaction between supply and demand e.g. structure, momentum, liquidity, trend, impulses,
corrections, etc.
We view supply and demand in much the same way as we view structure. If a market is
bullish, demand is in control, if bearish, then supply is in control.
We can see areas of unmitigated supply and demand in previous legs of price. These are
bullish candles in a bearish leg that break structure or vice versa. A supply or a demand zone is
not just an Order block and an Order block is not just a supply or demand zone.
Some aspects that relate them to each other, and a few very important things we can learn
from
An order block is formed within a higher time frame supply or demand zone.
A supply zone could also be retined into an order block as a point or interest
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