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Smartmoneyconcept

How to win your continuations and avoid bad tradesHi, Those who follow me know that I only trade with pure price action and volume . If you are someone who also hates the subjectivity of indicators then you'd find this interesting. This is what I look for before taking continuation trades, keep in mind that what's important when you trade like that is the concept of weak high/lows and strong highs/lows. When you find those points all you have to do is trade with the trend then find the last point of supply/demand and take your entry. Hope this helps.
OANDA:XAUUSDEducation
by MFX_Trading
1
A Brief Overview of My Market Approach Brief explanations I form my narrative based on ICT concepts, I form my entries based on the free Phantom Trading content. My appraoch is based on my understanding of these concepts, which may not be objectively correct according to their teachmgs, but it's what works for me Premise: M1 flow - Typically I look to trade M1 flow in line with M15 flow, but not always HTF AOI: W to M5 - Since I trade on the M1, I consider anything M5 or higher to be a higher time frame Markets: DXY, EURUSD, USDCHF - I choose EU and UF due to their correlations with the dollar index. EURUSD has the best inverse correlation, USDCHF has the best direct correlation of all the majors Minimum Risk to Reward Ratio (RRR) 3.2 - This gives me around 3R and should about cover commissions. LTF Confirmation entry method Liquidation - price liquidates a level on the M1 (bonus for HTF liquidation) Mitigation - price mitigates a HTF level, in the form of a return to supply/demand or a raid of liquidity CHoCH - price changes character by breaking above supply in a downtrend or breaking below demand in an uptrend SD/DS Flip (supply to demand, demand to supply) - in an uptrend, price reacts to a level of demand, fails to create a higher high, and breaks structure to the downside (DS Flip) ; in a downtrend, price reacts to a level of supply fails to create a lower low, and breaks market structure to the upside (SD Flip) FVG (Fair value gap) - added confluence if there is unmitigated imbalance associated with the entry level My favorite setups are just my favorite presentations of the setup, there are a number of other factors that can shape the setup. The important thing for me is that I pay attention to the narrative the pattern is telling me, instead of simply trading the pattern. Understanding the narrative behind the patterns adds edge to my discretion and often helps me stay out of less probable trades/trading areas. I will be posting a video to youtube that includes an oral summary of what is presented here, I will post an update to the idea when the video is released (this coming Sunday, 2 Jan 2022).
Education
by Cannastotle
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
Part 2 - How to identify Trend Reversal | SMCPart 1 of this Educational content we looked at Market Structural behavior in reversal of trends. Part 2, we are going to take a look at SMCs. Important things to know about Wyckoff’s Schematics are. Always start of plotting Supply and Demand zones on HTF. Accumulation and Distribution should take place within HTF Supply and Demand zones. An excess of demand over supply causes prices to go up because there are more people buying than selling. But, in a situation where there is more selling than buying, the supply exceeds demand, causing the price to drop. 1. Demand > Supply = Price rises 2. Demand < Supply = Price drops 3. Demand = Supply = No significant price change (low volatility) Re-Accumulation and Re-Distribution takes place in LTF Supply and Demand zones. These moves are done to provide more liquidity and to take out liquidity from them market. As market moves from liquidity to liquidity. In other words, Transfer of weak hands into strong hands taking place. It's not important to identify all the phases of Wyckoff’s Schematics as long as you understand the basic and important laws and principles. This is just the summary of the entire thing, and if you find it useful leave a comment below. And I will be doing a Part 3 , where we will look at how to make entries and how to set possible targets.
UEducation
by DCFX-TA
9
Market Structure | Impulse/CorrectionsMarket Structure | Impulse & Corrections 🎡😈 What is Market Structure? Market structure is a trend-following technique that traders use to read and track how the price moves. Bullish moves, bearish moves, and ranges in between Market structure is also known as price action at times. As a result, we call it market structure since that is how the entire market moves. How to identify Market Structure? Wait for a swing high/low to be broken. (candle-stick body must close above swing high/low) What is Market Structure telling us? in a Up-trend scenario, higher-lows will provide in a Down-trend scenario, high-highs will provide What is impulse/corrections? The natural behavior of the Market. What is correction? When price is in a ranging or sideways market. What is a impulse? The point when price impulsively breaks out of the correction How to use Impulse/Corrections? to identify which phase we are in, and what to expect next. Summary: Market structure is the guidance to a trade setup, failing to identify market structure will lead to many unnecessary losses and an overall bad analysis. Every trade consist of few things such as.. The first step to a trade is analysis which requires market structure in order to do so. Very simple rules to follow.. BUY LOW - SELL HIGH 🎡
OANDA:XAUUSDEducation
by FlyDownX
20
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
Educational ContentIn this example, we can see that this is a typical trend continuation move. 1. Bullish impulse leg, followed by a "Consolidation before breakout". 2. For those who trade with SMC = Smart Money Concept, you will identify the breakout zone as an ORDER BLOCK . 3. Prices made a Swing High, followed by a "FALLING WEDGE" pattern, forming liquidity beneath the minor swing lows while approaching the ORDER BLOCK . 4. 1st Buy Entry would be at "OB1 - PRIMARY ZONE". 5. 2nd Buy Entry would be a classic "Breakout Retest" retail trading technique. This is how you combine Retail Logic with Smart Money Concept.
Education
by SharkAcademy
The Basic Concept of Liquidity - LongMirroring the previous graphic based on the 'sell side' this graphic provides insight and annotates how institutions view and see the market based on the core concepts of Liquidity utilising the models around 'Premium vs Discount' The graphic shows key points where liquidity is manufactured around 'traditional retail methodologies' If and when you can understand WHY the market moves the way it does, then you will be able to take your trading to the next level !
Education
by Phantom_Trading
4