Course 2.
Complete Trading Course : Smart Money Concept - SMC
Im-Balance
Course 2. Complete Trading Course : Smart Money Concept - SMC
What you will learn
1. What is Im-balance
2. How to define it ?
3. How to judge power of IM-B
4. How will price move after IM-B
Course 2. Complete Trading Course : Smart Money Concept - SMC
1. What is Im-balance
- Too many kind of order—buy, sell, limit—and not enough of the order fill .
High - TF High - TF
Low - TF Low - TF
Course 2. Complete Trading Course : Smart Money Concept - SMC
2. How to define it
- Gap : 3rd candle’s low - 1st candle’s high.
- At least 1 candle in 3 candles is Up – Marubozu.
3 - 1st or 2nd candle can be down candle.
2 Im-balance place
1
Course 2. Complete Trading Course : Smart Money Concept - SMC
3. How to judge power of Im-balance
- Gap : Big gap – Big Momentum
3 - Number of Up- Marubozu candle in group 3 candle created IM-B
2 Im-balance place
1
Course 2. Complete Trading Course : Smart Money Concept - SMC
3. How to judge power of Im-balance
Strongest Strong Weak Weakest
-Balance-
Course 2. Complete Trading Course : Smart Money Concept - SMC
4. How will price move after IM-B
natural Smart money
elastic force +
Retail traders
Order Block
Strongest Demand zone
Course 2. Complete Trading Course : Smart Money Concept - SMC
Example: EURUSD
1h – Jan 3rd 2022