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Smartmoneytheory

Buyside liquidity needed For long term short ahead. 12/13-12/20i am looking for Sellside imbalance buy side inefficiency to get tapped into and a market structure shift for a Swing trade on dxy/usd pairs - if it doesn't give me a market structure shift and a reaction then i will wait for the buyside liquidity to be breached and to be patient. There will definitely be a scalp coming into Monday NY session. I am going to be patient and wait i will be using stop losses and wait to see how this plays out for swinging. i think it would help you guys to see my scalps because im only scalping for 15pips no more than 30pips at most if i do get a scalp i will show and post win or loss transparency is a huge thing right now
CAPITALCOM:DXY
by SmmxTrader
DXY AND CORRELATIONS i wanted to show you guys what to be aware of and real trades i will be taking on my channel, i do scalp majority of the time i just didn't do it today because of news but i will be looking for scalps as the market settles for next week and wanted to show you a scalp that is my favorite to look for in terms of trading SMC concepts. I wanted to run you through GBP/USD its one of my favorite correlators with dxy there was a definitely set up that i trade 99% of the time unless news in in the way. i still wanted to show you guys because it will be a reoccurring trade here that you will see repeatedly. Let me know if this helps you :)
CAPITALCOM:DXYShort
by SmmxTrader
$DOT - 39.36 15 Min Gap to Start Slow Swing Up in December *SMT**SMT = Smart Money Theory = everything you think that is not retail related to trading. SMT does not believe in triangles, wedges, tendlines, channels, harmonics, etc. First is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The second thing to remember is price will move toward Liquidity and Balance. There are two gaps if you zoom in close enough at the bottom of the current turn and at the price I recommend to the opening of the trade. Yes there maybe wicks that enclose it but that doesn't always matter. I've seen these close on a daily timeline on EURUSD lately and turn right around. We're also in between a weekly and a monthly Fair Value Gap (Fair value gap is the gap between the wicks in a 3 candle succession) The monthly is filled and the weekly has been hit halfway. And that's all you need in SMT for price to recognize an imbalance and start moving in a bullish direction. However, my stop loss calls to hold for the full part of the weekly fair value gap just in case. However, I don't believe that will be the case. I think we will hit one of the two gaps whether it be today or tomorrow and that would also fill the imbalance that you can barely see. Now that the imbalances are taken care of what's next? To take care of the liquidity. Liquidity will rest at double lows, double highs, anywhere that a trader would have a possible limit order. The algorithm will attack these areas because retail will think the opposite. Such as the double highs where I have a silver line running across the top. Retail traders will see this as resistance and sell short. Smart Money knows this and they will get near it, pull it back to let people chase it south once it gets up to that area and then they will take the price up taking prices to hit short stop losses. Look at gold where there are 4 "resistance points" and the 5th time it pulls back and breaks through. Example: So be careful around these areas that's why I'm giving this timeline 2 weeks to work out because we'll end November on a red candle. December will once again be a green candle and it should start off strong. So that's why I have this end next Saturday. Any questions or comments please let me know. Happy Trading! :) The price is coming up so I need to release this.
Long
by BodiesXWix
4