Buy-side and sell-side liquidity
In Smart Money Concepts, orders resting just beyond swing highs (buy-side: short stops and breakout buys) and swing lows (sell-side: long stops and breakdown sells).
Why it matters
It explains why price often pokes past obvious highs and lows: orders wait there. It is a narrower meaning than liquidity in the order book.
Education only, not financial advice · All terms