Gang welcome back this is a training analysis based on my strategy of Smart Money Sniper Entries.
-What is smart money, TO ME.... Smart money is basically an algorithmic behavior where it confuses and traps retail traders in order for smart money to swallow sufficient stop losses , to continue to push on to the direction it was originally going to go.
-Have you had instances where lets say you place a buy then market starts to trade lower, scaring you into
1. Pulling out Early.
2.Making you second guess yourself
3.Hits your stop-loss then takes off to where YOU KNEW it was going to go.
-If you have then this strategy will come in clutch there's a few things you must keep in mind for this strategy to be A1.
I MYSELF am still perfecting my strategy to give it a RULE GUIDE so we know 100% how to get into trade with minimal drawback i should crack the guide by the end of the month.
- Basically we start off looking at nas 100 on the 4hr to grab an understanding of where the trend is going are we in a bullish or bearish trend.
-Then we go into the 1hr and start to spot out our Smart Money candles. How you may ask?
-We read our charts from left to right
-Spot out your areas of liquidity (liquidity is the Green boxes i placed on the analysis with a white money symbol and an X next to it signifying that liquidity was captured by a candle to the right of the chart. (which would mean that's our smart money candle)
-Liquidity for those that don't know is where the money is sitting basically our stop losses if we bought price up we place our stop-losses below the lowest trading candle in our section, what few know is that the banks can see where our stop-losses are and our brokers, why do you think they tap your stop losses 70% of the time and then price continues to trade to where you knew it was going.
-So our first point of interest was the highest candle on the chart to the left, where it had ran liquidity to the left. We then looked at the {FIRST} candle that breached out liquidity we throw our fibb's on it from the TOP of the wick to the BOTTOM of the wyck. Wait for price to trade lower and then mitigate ( LAUNCH A WICK TO THE 50% ) and then continued to drop hella.
-Our second point of interest we were looking for again a SELL but price didn't give us a clean entry to the downside and continued to shoot down so we waited patiently.
-Our third point of interest at this point market had gapped, and as well was showing us that it traded to a new lower low, and took out liquidity to the left, in this case we can predict that market will be now trading to the upside to fill in the gap and imbalance. We grabbed our first candle that took out liquidity which was the candle that we have our white arrows over, marked up our fibbs on it form top to bottom marked up our 50% We then saw price trade above the 50% and close above the 50% and then mitigate meaning wick off the 50% TWICE beautifully.
-Then price went up into our SECOND point of interest and instead of selling price broke and retested of the 2nd point of interest 50% level and continued to trade higher.
-price then came into our 4th price of interest where it had as well taken out liquidity gave us a few beautiful wicks to our 50% and continued to trade higher.
-Now at our 5th level of interest we can see how price traded under the 50% level, then broke and retested our 50% to the upside and continued to trade higher..
Folks this is rinse and repeat repetition any time frame. Please come to me with questions i will try and answer them all. trying to get some future zoom calls in to give better explanations and live Q & A.
Special thanks to @thatboirichard For reaching out and inspiring me to make this. hope it was clean and explanatory.
-What is smart money, TO ME.... Smart money is basically an algorithmic behavior where it confuses and traps retail traders in order for smart money to swallow sufficient stop losses , to continue to push on to the direction it was originally going to go.
-Have you had instances where lets say you place a buy then market starts to trade lower, scaring you into
1. Pulling out Early.
2.Making you second guess yourself
3.Hits your stop-loss then takes off to where YOU KNEW it was going to go.
-If you have then this strategy will come in clutch there's a few things you must keep in mind for this strategy to be A1.
I MYSELF am still perfecting my strategy to give it a RULE GUIDE so we know 100% how to get into trade with minimal drawback i should crack the guide by the end of the month.
- Basically we start off looking at nas 100 on the 4hr to grab an understanding of where the trend is going are we in a bullish or bearish trend.
-Then we go into the 1hr and start to spot out our Smart Money candles. How you may ask?
-We read our charts from left to right
-Spot out your areas of liquidity (liquidity is the Green boxes i placed on the analysis with a white money symbol and an X next to it signifying that liquidity was captured by a candle to the right of the chart. (which would mean that's our smart money candle)
-Liquidity for those that don't know is where the money is sitting basically our stop losses if we bought price up we place our stop-losses below the lowest trading candle in our section, what few know is that the banks can see where our stop-losses are and our brokers, why do you think they tap your stop losses 70% of the time and then price continues to trade to where you knew it was going.
-So our first point of interest was the highest candle on the chart to the left, where it had ran liquidity to the left. We then looked at the {FIRST} candle that breached out liquidity we throw our fibb's on it from the TOP of the wick to the BOTTOM of the wyck. Wait for price to trade lower and then mitigate ( LAUNCH A WICK TO THE 50% ) and then continued to drop hella.
-Our second point of interest we were looking for again a SELL but price didn't give us a clean entry to the downside and continued to shoot down so we waited patiently.
-Our third point of interest at this point market had gapped, and as well was showing us that it traded to a new lower low, and took out liquidity to the left, in this case we can predict that market will be now trading to the upside to fill in the gap and imbalance. We grabbed our first candle that took out liquidity which was the candle that we have our white arrows over, marked up our fibbs on it form top to bottom marked up our 50% We then saw price trade above the 50% and close above the 50% and then mitigate meaning wick off the 50% TWICE beautifully.
-Then price went up into our SECOND point of interest and instead of selling price broke and retested of the 2nd point of interest 50% level and continued to trade higher.
-price then came into our 4th price of interest where it had as well taken out liquidity gave us a few beautiful wicks to our 50% and continued to trade higher.
-Now at our 5th level of interest we can see how price traded under the 50% level, then broke and retested our 50% to the upside and continued to trade higher..
Folks this is rinse and repeat repetition any time frame. Please come to me with questions i will try and answer them all. trying to get some future zoom calls in to give better explanations and live Q & A.
Special thanks to @thatboirichard For reaching out and inspiring me to make this. hope it was clean and explanatory.