Smart Money Concepts
Smart Money Concepts (SMC) is a way of reading price through structure and liquidity: where orders are likely to sit, and how price behaves around them. It is a lens for reading a chart, not a shortcut around risk.
This course is for you if
- You already read charts and want a second way to look at them
- You find indicators lag and want to study price directly
- You have seen SMC terms online and want them explained properly
What you'll learn
Market structure
- Higher highs and higher lows
- Break of structure
- Change of character
- Reading several timeframes
Liquidity
- Buy-side and sell-side liquidity
- Equal highs and equal lows
- Liquidity sweeps
Zones
- Order blocks
- Fair value gaps
- Premium and discount
- Mitigation
Building the plan
- Top-down analysis
- Entry, stop-loss and target
- Position size and journal
By the end, you'll be able to
- Mark market structure across timeframes
- Identify likely liquidity pools, order blocks and fair value gaps
- Explain why a zone may or may not hold
- Build a written plan around an SMC setup
What you need before joining
You should be able to read a candlestick chart and mark support and resistance. Technical Analysis covers this.
