Transcript for:
True SMC Concept Trading Hub 3.0 - Chapter 1

hi my name is Khan and welcome to the new true SMC concept trading Hub 3.0 in this series you will learn all about true SMC Concept in a details every topic in easy to understand way so you can watch multiple time every chapter every topics and then you can understand I know it's take a lot of time to understand things but if you watch carefully then you can learn very easily and quickly once you start watching the part pun then you have to study part one very carefully when you completely understand how things actually work in a part one then you should switch into the next part don't try to watch every Topics in a day in this first chapter we are going to learn that how pullback is a work and what is impulse and what is correction and how we can identify them and how we can identify on chart because this is important and very powerful thing you need to understand to mapping structure to taking entry to finding the py everywhere you need to understand about structure mapping because inducement is a quick part in smart money concept so you need to understand first of all what is pullback because pullback we used structure mapping to identifying the inducement right so as you can see on my front of screen these are police example now I am going to show you exactly that what is impulse and what is correction and which scenario you should use for the valid pullback and invalid pullback so now let's switch into the chart so in this diagram you can see Market momentum is a bullish when Market momentum is surface I am talking about the Candlestick form when Candlestick creating higher high like this so this one move is called our impulsive move right when Market break the previous candle high right so this one is called impulsive move like this okay and what is correction in bullish Market if bullish Market previous candle taken out the liquidy means previous candle low taken out may be close or just sweep the liquidity which one is a called a pullback you can see here in this candle which is a tea candle okay tea candle low is here and high is here if the next candle taking out the low then this become our valid pull bike so Edge candle taking out The Tick and low so this become our valid pullback if this candle not taken out by this candle low so this is a not a valid pullback even candle color is red and one more thing you need to understand in this all diagram candle color does not matter to identify valid pill bike so same thing happen here Market taking out the previous candle load so this become our Violet pullback is here and this move is called impulse and this move is a correction and this move is also known as impulsimu right now let's switch into the next diagram you can see here this one is our next diagram this one is our bullish move Market continue break the previous High and continue making higher high in terms of the Candlestick and same thing will be applied in terms of the structure mapping so I'm going to show you exactly on chart that how things actually work but before go chart you should understand on diagram then you can understand more better and clear so Market continue breaking the previous high so this one move is called impulsive move when Market taking out the previous candelo those act like a pullback so same thing happen here Market break this High okay and create new high is here and this candle high low is here right but the H candle not break the cake and low so this one is a not a valid pullback but a candle break the edge candle low so this one is still not a valid pull by even n candle taking out a and H candle low right here okay but this is a not a valid pullback why because the actual candle is here which one is a k until so if K candle high low is not break so this one is a not available pullback and these are inside move of the K candle high or low okay so this one is a not a valid pullback first one you have to understand if Market break this previous high like this okay so this become our file at pullback if not break the previous candle high and continue moving between this high or low so this one is a not a valid pullback Market at least taken out the previous candle low or high to confirm a valid pullback so in this case Market not taking out the previous candelo like this here even Edge candle taken out this low but actual candle is here because the continuation is here okay this candle taken out the the next K candle and K candle break here okay so actual candle is here if anything happen between this K candle so this is a not a valid pullback if for example n candle taken out this law okay so this become our Violet pullback okay but Market not taken out this low so this is a not a violet pullback okay now switch it to the next diagram which one is here in this diagram same thing happen here Market is continue pushing higher high but in this case similar thing happen compared to the previous one k candle high low is a protected and Edge candle high low not break the previous K candle which one is here okay like this so these two high are protected here so this is a not a valid pullback why because in a bullish Market Candlestick must be taken out the previous candelo if not taken out the low so this is a not a valid pullback remember one thing if Market is a bullish then Market taking out the load to confirm a valid pullback if Market is a bearish then Market taking on the previous candle height to confirm a violet pullback so in this leg Market momentum is suppose Market not taking out any previous candle low right so this one is a not a valid pullback this one is a valid so this one is an invalid that's why I Mark with our red circle and this one is also invalid this one is also red circle now I'm switch into the next diagram this one you can see here Market momentum is a polished and Market continue pushing higher high like this okay and then and then what happened you can see K candle low is here broken by the H candle and you can see color are different as I mentioned candle color doesn't matter main thing if Market is a bullish Market taken out the previous candelo which one we file it pull back okay so same thing happen here in the next attempt mark it again break the previous High okay and continuation then same thing happen here a candle low broken by the end candle okay so this move something like this okay so this is a move something like this and this is a impulse and correction move okay so this one is a correction move and this is a impulsive move impulsive move when Market go continue upside or continue downside that's called impulsive move and the next example you can see here in the next example you can see this H candle high and U candle High both are similar means both high are similar is here so if Market taken out EU candelo so this become our valid pullback okay but if you candle High not taken out H candle high so this one is a not a violet pullback this become invalid why because actual low is here H candle high and H candle low which one is here because U candle not create any new high if you candle High create equal High means a previous Edge candle high and U candle high so this become our valid pullback because big candle ticking out U candle low which one is here right so this become our valid pullback and same thing will be applied in a various Market I am going to show you exactly that if you reverse this chart let me show you exactly look at this one okay so same same thing will be applied in a various Market or for example these are black RPM Scandal red or polish candle for example okay so same thing will be applied in a various Market momentum is a pair is Market not break the previous high so this one is a not a valid pullback this move act like a single leg and this is our impulse move and now we can see in this diagram Market break the previous High okay in a bearish market market must be taken out the previous high and maybe candle close above it does not matter which act like a violet pullback so same thing happen here Market taken out the previous low this one is our valid pullback again Market continuation and again what happened this candle close of it so this becomes also a valid pullback in the next diagram same thing happen Market continue pushing downside and create equal low right because Market momentum is a various so this one is our equal low both low are similar so so if we can and we can mark this is our valid pullback when Market taken out the previous recent High which one is here so this become our move something like this okay and the next diagram you can see Market was whereas taken out the previous candle high and continue push downside so this one is also a valid pull bike in the next diagram this K candle high is here low is here and if anything happen between this candle high or low this is a not violet pullback until taken out the previous candle High okay or Market should create a new low is here and the next candle go higher and taken out this move like this so this move create like okay so I hope you understand that what is a valid and what is invalid pullback and you can understand more better if you read are trading Hub 3.0 ebook then you can understand more better and clear so this is our GBP USD chart in a one minute time frame and you can apply anywhere any time frame doesn't matter and now I am going to show you that how pullbacks looks like on a real chart and you can identifying them pullback mainly used to identifying the structure and you can use during the entry point when you switch into lower time frame then you need to multiple confirmation for the buy or sell then we need to understand what is pullback right and next thing when Market structure mapping then you need to understand where is the inducement then you should understand what is pull value so mainly uh work on three places about a the pull bike okay so this is our police move and now I am going to show you that how you can identify the fullback in this way so start from here bottom you can see previous candle high is here okay and low low here okay but this candle not break the previous high so this one is not a valid pullback to confirm any ballot pullback price must be taken out the previous candle low or high to from a valid pullback so this one is not a valid pullback and this move act like a single leg is here okay and the next attempt what happened here this candle Break by this move okay and this candle Break by this move okay but this bearish candle taken out by this very slow which one is here so this become our Violet pullback is here let me show you exactly number is here okay so this become our Violet pullback like this okay and again Market go higher and then what happened at this time you can see this various candle low is here which is broken by this police candle so this become our valid pullback is here and again Market continue going higher high creating impulsive move in terms of the Candlestick and then what happened at this point this candle low broken by this candle even high also broken does not matter high low broken even both sides so it's also valid okay and candle color also doesn't matter so same thing happen here this candle low broken by this move so this become our valid pullback is here like this and then again Market continue go higher and you can see this is our police Scandal and the next candle is a bearish but this candle not taken out the previous candle low so this one is a not a valid pull bike right so where is a pullback this one this candle high and this candle low taken out by this candle so this become our valid pullback like this in the next move what happened again continue candle creating higher high like this and this one is our first move which one is here if these two candles low are similar so this one is a not a valid pullback but this whole Scandal taken out this equal low okay close or sweep so this becomes our pilot pullback so in this case this one is a not a valid pullback so where is the next pullback you can see at this point this dosy candle is here this candle high is here and low is here so this candle broke by this candle low okay so this become our valid pullback like this okay and the next attempt what happened create new structure is here and then where is the next pullback Market low is here because this is our highest candle and taken out by this move so this become our valid pullback and this is a deeper pullback is here okay and again same thing happen here you can see Market continue going upside not breaking any low is here and this is our single leg move is here like this and at this point you can see the highest candle is here which is taken out this low by this move so this become our next pullback here like this so this is our police example you can identifying the structure like this price must be taken out the previous candle low so that's called a valid pull pack if not taking out the low or high which is not a valid pullback okay so this is a simple way and mostly we use to identifying the structure identifying the inducement identifying the entry point we need a valid pullback identification okay now let's switch into the various example then you can understand more better so this one is our various example you can see here Market momentum is a barrier so in a various Market Market must be taken out the previous candle hi it is to confirm a valid pullback at least one candle okay so in this case you can see start from the top of the structure this is our impulsive move because Market continue breaking the lower low in terms of the Candlestick and then what happened here at this point this various Candlestick taken out by this Dosey okay so when Market taking out the previous candle high so this become our Violet pullback again Market push downside okay and the next candle taken out this one by this move and the highest point is here okay so this one is our corrective move you can say a pullback okay again push downside in this leg you can see this become our very Scandal but not taking out any High previous candle high so this is not a valid pullback again Market pushing continue downside and this is entire a single leg move is here okay and finally at this point Market taking out the previous candle High when Market taken out the previous candle high this valid pullback is a confirm here and it's depend sometime small pullbacks sometimes larger pullback doesn't matter main thing to identifying the pullback events one candle taken out the previous candle high or low that's called a valid pullback simple okay so this move is a call also a valid pullback is here and the next attempt what happened here continue pushing downside and this one is our single leg move is here at this point you can see Market taken out the high and taking out the low both high or low taken out so you have to mark the lowest point which one is here okay and this become our Violet pullback when Market taken out the previous Scandal height and now you can mark this move like this this move is our entire up Violet pullback okay at this point you you can see this is our corrective move but you can see this High not broken by this move okay when Market not break the previous candle high if anything happen between the high or low this one is not a valid pullback as I mentioned in a diagram that price must be taken out the previous actual candle high or low to confirm a valid pullback so at this point this high and this High both are similar okay so this one is not a valid pullback this one is our invalid pullback this one right this is a internal range between this high and this low so this move count as a single leg move at this point you can see here these are equal high so you don't need to focus in the left side you have to focus on the current price action which one is here okay because this candle power transfer here to here because both are equal high so now we have a range like this okay so if Market taking out the previous candle High those act like a valid pullback so same thing happen here Market push downside and this small pullback taken out the previous candle high and convert into like this okay again valid fullback again post downside mark it again taken out the previous candle high this become our valid pullback and you have to mark the maximum Apple bag which one is here right so this one is act like here so at least Market taken out the previous candle height to confirm a valid pullback and this is an important why because we need to use a inducement you can understand simple way if Market is a bullish okay in terms of the Candlestick then Market taking out the previous candle load to confirm a valid pullback if Market is a bearish then Market taken out the previous candle height to confirm a valid pull pack if Market not taken out the previous candle high or low just creating the range between the high or low like this okay so this one is not valid pullback there are different different scenario as I mentioned inner diagrams in starting you can watch multiple times this video then you can understand more better and clearly that how you can identify a valid and invalid pullback why I am focusing on this point because this is a very interesting and very important in smart money concept without pullback identification you can't identify the valid structure you can identify the inducement you can't take trade in a lower time frame even this is important you can understand this is a backbone of the structure mapping I hope you learn a lot of new things that how you should Mark a valid invalid pullback and what criteria you should follow before Mark structure now see you in the next chapter happy Trading