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GUIDE

SMART MONEY CONCEPT


Before starting the book, I would like to make a short
presentation of who I am.
If you discover via this book I invite you to follow me.

I am currently a full-time trader, but it has not always


been the case. I will not hide, it was very difficult for
me to get there, I even almost gave up several times.

But with perseverance and hard work I finally


succeeded. Now my mission is to make you succeed,
because I would have loved to have this type of free
content when I started trading.

I will tell you more about my story by email, which I


think you will enjoy and be inspired by.
1 TRADING SESSION

We don't talk enough about the importance of trading


hours.
Indeed, trading hours have a major impact on your
results.

Let me explain, we can distinguish 3 sessions lasting


one day.
First we have the Asian session, then the London
session and finally the New York session.

With the strategy that we will see in this book, it is VERY


important to take position only during the London or
New York session.

If an opportunity arises but it is outside of the London


and New York session we will not take it because we do
not look at the chart outside of these sessions.

Keep in mind that the Smart Money Concept is a


trading method that institutional funds use. They take
positions during the London and New York sessions. So
don't try to trade outside of these areas.

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2 THE CHOICE OF THE BROKER

The choice of broker is also very important.


You will get frustrated when the broker will not execute
your trade because of only a few pip or will make you
exit with a loss because of the SL spread etc.

I am currently partnered with the broker Pacific Union.


which for me is an excellent broker, the commissions
per lot are very low and the spread is 0 pip

Which is a broker that I personally use.

Thanks to this partnership you will have access to my


discord group for life!

For this you just need to register via my link and then
contact me on instagram so I can add you.

REGISTER NOW

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3 DEMAND ZONE THEORY

Demand Zone: This is the consolation zone that comes


before an impulsive up move.

A Demand Zone is sometimes referred to as a bullish


consolidation block.

When the price makes an upward impulse, it is


important that it creates an imbalance in order for the
demand zone to be considered valid. We will see later
what imbalance is.

How do we identify our Demand areas?

We take the last candle before the impulse, sometimes


we take into consideration the wick of a candle we will
see some example

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4 DEMAND ZONE THEORY

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5 DEMAND ZONE

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6 SUPPLY ZONE THEORY

Supply Zone: This is the consolation zone that comes


before an impulsive down move.

A Supply Zone is sometimes referred to as a bearish


consolidation block.

When the price makes an downward impulse, it is


important that it creates an imbalance in order for the
supply zone to be considered valid. We will see later
what imbalance is.

How do we identify our supply areas?

We take the last candle before the impulse, sometimes


we take into consideration the wick of a candle we will
see some example

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7 SUPPLY ZONE THEORY

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8 SUPPLY ZONE

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9 IMBALANCE

Imbalance price action will usually come when we see


2 or 3 bearish or bullish candles in a row.

When bullish imbalance is formed, it essentially means


that market has had nothing but buyers enter the
market, where sellers haven't had a chance to get
involved.

The same is true for when we see bearish imbalance, it


has been sellers ONLY in that market where buyers
have not been able to get involved.

When imbalance forms, more times than not price


action will come back to refill that price, to re balance
price, and then potentially carry on in that direction

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10 IMBALANCE

IMBALANCE
IMBALANCE

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11 IMBALANCE

the orange zone corresponds to the imbalance.


As you can see, the price gravitates back to it before
continuing its movement.

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12 IMBALANCE

the orange zone corresponds to the imbalance.


As you can see, the price gravitates back to it before
continuing its movement.

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13 IMBALANCE

Be careful not to fall into this trap.


In this example there is no imbalance, the price has
been filled.

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14 LIQUIDITY

Liquidity in the market is the energy that will allow the


market to move.

One we see large up moves, sell side liquidité will


usually need to be generated in order to fuel that up
move.

One we see large down moves, buy-side liquidité will


usually need to be generated in order to fuel that up
move

Les différents types de liquidité sur lesquels je me


concentre sont les suivants

One thing to remember is 'Liquidity needs to be swept,


in order to fuel the true move of the markets
There is liquidité at every High and Low in the markets,
on every timeframe. Money makes the market move,
The money moves from highs and lows, and money
and stop losses are at the highs and lows of the
market

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15 LIQUIDITY

What retails traders


call Resistance, is
actually liquidity.
EQH.

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16 LIQUIDITY

What retails traders


call support, is
actually liquidity.
EQL.

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17 LIQUIDITY

What retails traders


call trendline, is
actually liquidity.

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18 LIQUIDITY

What retails traders


call trendline, is
actually liquidity.

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19 LIQUIDITY

Now that we have seen together the main liquidity.


We will see another type of liquidity that is very
important but that nobody talks about.

It is the external liquidity.

You have to understand one thing, each session


creates liquidity for the next session.

For example, Asian session will create liquidity for the


London session and then collect the energy and
continue the movement.

As for the London session, it also creates liquidity for


the New York market etc.

Asia session in particular will generally form liquidity


zones by EQH or EQL or even trend lines that give false
break outs. While we do play on all sessions highs and
lows- Asia can set the stage for the days price action.

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20 LIQUIDITY

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21 MARKET STRUCTURE

Identifying market structure on a price chart is crucial


part of actually knowing what that pair is doing, what
phase we are in, and to know when a pair's structure is
shifting.

Is a currency pair trending up, trending down,


ranging, impulsive, correction etc..

We will know what a pair is doing by identifying the


pair's market structure.

An up-trending market, price will produce higher highs


and higher lows.
Once we get a new higher high, it confirms the new
higher lows.

Vice versa a down trending market price will produce


lower lows and lower highs.
Once we get a new lower low, it will confirm the new
lower high.

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22 MARKET STRUCTURE

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23 BREAK OF STRUCTURE

There are. two different variations of market structure


breaks that i want to cover.

The first is a candle body close below the candle


wicks.

The second one is a candle wick close below the


candle wicks.

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24 BREAK OF STRUCTURE

To identify the direction of the market, I take into


consideration, the candle body close below the
candle wicks.

BULLISH BEARISH

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25 BREAK OF STRUCTURE

Ok, now that we have reviewed all the basics of the


smart money concept.

Demand zone / Supply zone


Imbalance
Liquidity
Market structure

We will now go into the details of each concept in


order to better understand them and to be able to
spot them on the charts more easily

Let's take a look at some mistakes to avoid.


Because I still see too many people falling into these
traps.

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26 MARKET IS FRACTAL

Always keep in mind that Market is fractal.


Many people forget this and get caught up in it.
To avoid this look at the chart on high timeframe like
H4 or Daily.

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27 MARKET IS FRACTAL

You can see a concrete example.


On the Daily we are bullish. An
upward impulse is clearly visible.

Then when LTF (M15) we are bearish,


we see the price doing a BOS twice
with a strong downward movement.

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28 MARKET IS FRACTAL

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29 MARKET IS FRACTAL

You can see a concrete example.


On the Daily we are bearish. An
downward impulse is clearly visible.

Then when LTF (M15) we are bullish,


we see the price doing a BOS with a
strong upward movement.

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