SMART MONEY CONCEPT
SMART MONEY CONCEPT (SMC) – CORE TERMS EXPLAINED 📌 What is SMC? Smart Money Concept (SMC) is a trading approach that focuses on how banks, institutions, and big players move the market. Instead of indicators, SMC studies price action, liquidity, and market structure . 1️. ORDER BLOCK (OB) 🔹 Simple Meaning: An Order Block is the last candle before a strong price move where big institutions placed large buy or sell orders . 🔹 Why it matters: Institutions cannot buy or sell everything at once. They place orders in zones. Price often returns to these zones before moving again. 🔹 Types: Bullish Order Block → Last down candle before a strong up move Bearish Order Block → Last up candle before a strong down move 🔹 How to identify: Look for a strong impulsive move Mark the last opposite-colored candle That candle = Order Block 🔹 How price reacts: Price returns to OB Institutions re-enter positions Strong...