Smart Money Concepts in Forex
Usually bigger players such as banks or institutional money, these traders are able to use their sheer size to influence the market.
This isn’t saying that the forex markets are corrupt or that institutional players have somehow gained inside knowledge over those of us in the retail trading sphere.
It’s just that with an understanding of market psychology and large position sizes that can move a market, the smart money is able to position themselves to really take advantage.
Banks aren’t in the game to lose and are primed for success.
Often at the expense of the retail trading crowd who we know are often crazy enough to try and swim against the tide.
Usually bigger players such as banks or institutional money, these traders are able to use their sheer size to influence the market.
This isn’t saying that the forex markets are corrupt or that institutional players have somehow gained inside knowledge over those of us in the retail trading sphere.
It’s just that with an understanding of market psychology and large position sizes that can move a market, the smart money is able to position themselves to really take advantage.
Banks aren’t in the game to lose and are primed for success.
Often at the expense of the retail trading crowd who we know are often crazy enough to try and swim against the tide.