How many times you waited for a CHoCH (Change of Character) to finally find the entry on the retracement, sometimes on an orderblock, sometimes on an Imbalance (FVG) sometimes on a EQH or EQL and then… your trade failed to be in loss?
The following example remind you something?

Yes, as you are thinking, we thought the same thing. Why on the textbook or on various smart money concepts’ mentorships we learnt to map the structure as above? And why the above structure is not consistent?
We also thought to apply a rigid Risk Management, to accept losses but to get a sum major than zero at the end… No, it’s not… market moves, break and continue to change its character according to another important, probably the most important, rule : LIQUIDITY.
Smart Money Concepts basically backbone of two things : Structure and Liquidity.
To mark structure it’s necessary to take in consideration the INDUCEMENT that can confirm the structure (and entries too) or discard it.
Inducements (IDM) are very very important and on the next chapter i will show you why, when and where FxOB use it, giving to the trader the precise “map”.