Why do patterns and SMC work so well individually but even better combined?
“Do More Of What Works & Less Of What Doesn’t” – Steve Clark
Put simply, Patterns with Smart Money Concepts work.
Correct use of both concepts opens a huge avenue of opportunity when trading.
The reason?
It’s simple… they take different approaches, while their combined use paints a broader picture when operating in the markets.
- Patterns simplify market structure whilst improving your understanding of raw price action and market discretion.
- Smart Money Concepts will create more advanced risk to reward ratios, catering for institutional liquidity and manipulation whilst creating mechanical rules within the market.
Combine the use of these two concepts to harness the power of a full, comprehensive and tested trading strategy.
[If this happens] > [do this] > [Profit targets set here]
Taking away the guesswork in trading is the essence of a refined strategy.
Can you imagine questioning entries, stop-loss placement and take profit regions?
Why question these when you can master them…