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Smartmoney

📚 Inducement: What Is It ⁉️Inducement is a trap before an area of supply or demand. Price will usually lure impatient buyers/sellers into the market before the zone is met to create liquidity. Once the impatient traders get trap [ped and stopped out, the true move begins. This just goes to show the importance of sitting on your hands! Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
Education
by AlkalineFX
31
Wyckoff theory and Volume tradingHere is a breakdown on LTC because some have complained about my call to short LTC. I have not changed my bias. I want to give an example of the phases as I see it now and what I am looking for before I go LONG. This will be interesting for breakout traders since they usually don't realize that the break and retest trade is contained within phase C and may or may not contain a spring. But when it does it is a type 1 schematic and we see it pinpointed with a volume pattern we call the stop hunt pattern. Currently we are in Phase B.
Education
by FLASHGORDON10
1
WHY DO WHAT THE 90% ARE DOING WHEN YOU SHOULD DO THE OPPOSITEI saw an enormous liquidity pool being created by price on GBPUSD. All i was anticipating was for price to come attack that area which i call the HOTSPOT. The market is seeking for liquidity time after time,so have it in mind that price is built to attack all strategies. Liquidity is the only reason price moves,this is why even after all the confluence and confirmations you get according to your strategy you still find yourself loosing,that is because you got caught up at the HOTSPOT. All strategies work but if you can understand where price wants to attack you can become exceedingly consistent in this market. Bear in mind that price do not care about your strategy,all price cares about is your money
Education
by Bluepips_Tycoon
5
Framing high probability setups using orderblocksEveryone is trading orderblocks these days.. so how do you use orderblocks to frame a high probability setup for yourself? In this video I will show you exactly what criteria I look for when framing a high probability setup. When I want to trade right off of an orderblock, there are a few things that I look for. 1. A Swing high or low 2. Imbalance above or below the swing point 3. An orderblock just past the imbalance These 3 confluences together increase the profitability and probability of my trades and will help you increase your profitability as well. Best of luck! Dilpreet
Education
by justlivingmylife
4
Smart Money CONCEPTS - Can you relate?Here is an overview of (to me) why support and resistance don't work (at a successful enough rate). If you feel like this is the case be honest with yourself. And maybe try something new. please remember the 90 90 90 rule!!! 90% of traders Lose 90% of their account In the first 90days Have a little think as to why? For the majority of newbie traders that enter the market.. the first thing they are taught to understand? Support and Resistance, Trendlines, Fibonacci (does work if used correctly) So just be mindful of what the banks are doing and understand from their perspective that if they know the MAJORITY trade Support and Resistance... Don't you think they know where the majority of the people stop losses are going to be? ... Any questions feel free to ask
Education
by BenFxLDN
18
Smart Money Concepts Diagram With Wyckoff SchematicsThis is a Smart Money Concepts Diagram With Labeled Wyckoff Accumulation And Distribution Schematics. These are the main smart money trade setups that you will find in your charts, this is how smart money (big banks, funds, composite man, etc.) manipulate markets to engineer liquidity. Wyckoff methods teach a bigger picture view of the markets and why they are moving, many times you will see smart money setups inside of bigger picture Wyckoff schematics that form certain parts of the schematic itself. I hope you find this to be a useful reference diagram for Smart Money trade setups 😁 If you have any questions please comment below and I can make updates to the F.A.Q.
BITSTAMP:BTCUSDEducation
by renegadeforex
11
The Lack of Knowledge in Forex - How to succeed in this businessThere is a big lack of knowledge in this forex industry. Retail Trader always forget that we are in the Champion League here and that we need to have a lot of knowledge in order to succeed. Key Elements are - Trading Plan - Strategy - Money and Risk Management Predicting the right direction of the forex pairs is not to 100% possible and not even necessary. The key is to understand how to react to the new changes within the market. It is like in life. Hopefully I could help you with this video. Tell me your feedback What do you think?
Education
by DariusFxTrading
4
Before IndicatorsI don't really publish but I do get a lot of messages/questions about how to trade successfully. The most common question that I get is "what indicator do you use?" or "what is your trading strategy?" So, I decided to answer these questions in this article. I believe those questions are actually the wrong questions to ask and therefore, you will get a dis-satisfactory answer 9 times out of 10. I think the write question would be "how do I know where the money is?" Once you know where the money is, you can than use the indicators to make an investment decision. I always tell people: "Securities (stocks) are within the sector, the sector is within the index and nobody beats the index." It maybe confusing to you but to explain in brief, the institutional investors invest in a sector rather than one security. Let's take a look. NASDAQ:CELS chart for Nasdaq Clean Edge Green Energy Then compare to ENPH (solar panels) NASDAQ:ENPH Also, BLDP (fuel cells for electric vehicles - clean energy) NASDAQ:BLDP What do you see? Any similarities? I have more examples but I would think you would get the idea. Korean Market examples: please look at the low of 2020.10.27 - though you get minute differences of the chart appearance, I think you get the idea. KRX:089980 KRX:247540 KRX:336370 When you compare these charts, what do you see? Personally, before I use any candles, moving averages, or any other lines or indicators that people ask me about, I look for accumulation within a sector. Then I pick the security that I want to trade in.... I hope that helps! PS. I started trading ENPH and BLDP on April 3rd 2020. Went long...swing trading within the long investment and made a full exit of both investments on the 10th of Feb. 2021.
NASDAQ:CELSEducation
by steve339
4