Greetings, fellow traders! Today, let's delve into the fascinating world of liquidity, pivot points, and how they can be essential elements in your trading strategy. Understanding the relationship between these factors can provide you with valuable insights into potential price reversals and market sentiment. 💡📈 🤔 What is Liquidity? Liquidity refers to how easily...
Use any economic calendar to monitor news releases. (forexfactory, myfxbook). Below is how I adapt to news when trading my personal edge, including the pairs GBPUSD, EURUSD, AUDUSD and XAUUSD in my times. If you have tested pairs with other currencies, for example with CAD etc, make sure to be aware of related news there too. Which news do I adapt to: 💀...
👑 Pre-Trading Sessions & Planning: 🔥 Key Details + Concepts -------------------------------------- (Psychological, Technical & Concepts): 🟠 Psychological: - Don’t trade if your emotions aren’t aligning with what is on the screen. - If you’re not super happy about entering, and you don’t fully accept the loss, don’t take the trade. - Don’t ‘force’...
👑Price inefficiencies are also known as imbalances, gaps or voids. Healthy price action moves in a zigzag fashion, making highs and lows in line with the directional bias at any given moment. When price isn’t trending we find it consolidates, in which case highs lows are still being made. However, we may also see price move in straight lines with huge volume and...
The ABCs of Risk Management in Stock Trading Introduction In the exhilarating world of stock trading, mastering the art of risk management is a crucial skill that separates successful traders from the rest. Effective risk management is all about safeguarding your capital and minimizing potential losses while maximizing opportunities for profit. In this blog...
Value Investing - Unearthing Hidden Gems in the Market Introduction In the world of investing, where trends and market sentiments often drive decision-making, value investing stands out as a timeless strategy embraced by legendary investors. Value investing involves searching for undervalued assets that have the potential to deliver substantial returns in the...
Order Blocks Explained Now we'll look at one of the important concepts we utilize to find our precise entry points: order blocks. So, what exactly is an order block? An orderblock is a visible spot on the chart where a large order is being placed on the market. You'll notice the order being placed, followed by a quick move from that region, leaving behind...
It’s taking the world by a storm. Smart Money Concepts is what has become famous lately. Now I’ve been trading for 20 years and even I have learnt to adapt and adjust SMC to my trading strategy. I guess we have to evolve and adapt with what there is. Anyways, today I’ve written a complete Glossary on Smart Money Concepts terms for you. Enjoy! SMART MONEY...
In the frenzied world of financial trading. It gets to a stage eventually where we will hesitate to take the trade. Even though you have the plan, strategy and mindset to a T. Something could trigger you to not take the trade. So why does this happen? There are a multitude of reasons, but here are four reasons you might not take the trade. Reason #1: Market...
The realm of finance is replete with a plethora of phrases and terminology, and among the most prevalent is the notion of "smart money." This term commonly alludes to seasoned traders who possess access to a wealth of information and knowledge beyond the reach of novice traders or individual investors. Within the domain of cryptocurrency, the concept of smart...
Wyckoff is a method of technical analysis that was developed by Richard Wyckoff in the early 20th century. This method is based on the study of price action, market structure, and the interplay of supply and demand forces in the market. The Wyckoff method is commonly used by traders and investors to identify trends, reversals, and key levels of support and...
📍What Is Smart Money? Smart money is the capital that is being controlled by institutional investors, market mavens, central banks, funds, and other financial professionals. Smart money was originally a gambling term that referred to the wagers made by gamblers with a track record of success. 📍Principles of Smart Money Market Structure in Order Block...
A Bearish Fair Value Gap is a 3 candle structure with a DOWN impulse candle (2nd) that indicates and creates an imbalance or an inefficiency in the market. WHAT DO THE IMBALANCES TELL US? These imbalances tell us that the buying and selling is not equal. Now the market needs to rebalance (move at least to 50% of the fair value gap to fill) to make up for the...
Small and big players tend to acquire larger positions in the market than they can afford, in an attempt to benefit from the leverage. This is where the concept of liquidity grab comes into play. Large trades and institutional investors need to locate liquidity areas in the market to complete their trades. Stops and stop-loss orders are critical for survival in a...
I’ll tell you this. The money you desire, is not going to just fall into your lap. If you want to be a successful trader, you need to write down the ground rules to get your as$$into gear. I can’t profess for every professional trader, but I can share with you my rules I’ve been following for the last 2 decades. Feel free to write them down for your trading. ...
Was UBS a great buy last week, watch this and understand what really moves price, and its not the news, its the "Smart Money"!
Smart Money Concepts is a more sophisticated way of trading price action, while taking advantage of where institutions are likely to place their orders. This makes Smart Money Concepts a usable tool whenever you are dealing with hedge funds. What you are about to read is an elaborate tutorial explaining a lot about this trading strategy, including some trading...
🧐What is Smart Money? Smart money refers to the capital that institutional investors, central banks, and other professionals or financial institutions control. It is managed by expert investors who can foresee market trends and make most of the profits. Smart money was originally a gambling term, where it refers to the gamblers that have extensive knowledge of...