If you want to learn Smart Money concepts, but you don't know what to start with, this article with help.
I will share with you 5-steps Smart Money Concepts learning plan . 5 important topics to study in SMC.
Topic 1:
Market Structure - the analysis of a behavior of a price on a chart.
In the contest of Smart Money Concepts you should learn:
-SMC...
Greetings,
If you have heard or seen the idea of using top down analysis within your trading but never truly new what it was or how to optimally utilize it in your own trading. This idea will show you.
In the today's article, we will discuss how smart money manipulate the market with a bullish trap.
In simple words, a bullish trap is a FALSE bullish signal created by big players.
With a bullish trap, the smart money aims to:
1️⃣ Increase demand on an asset, encouraging the market participant to buy it.
2️⃣ Make sellers close their positions...
In the today's post, we will discuss one of the most crucial concepts in SMC - Change of Character.
Change of Character relates to market trend analysis.
In order to understand its meaning properly, first, we will discuss how Smart Money traders execute trend analysis.
🔘 Smart Money Traders apply price action for the identification of the direction...
In this video, I gave the full breakdown of how I could see and accurately predict Gold's bullish move before it happened.
If you enjoy my content, drop a comment, boost this video, and make sure you follow me so you won't miss my future updates.
If you were a trader like me, that was having a hard time understanding Change of Character and Break of Structure concepts for a long time, I hope that this example gives you clarity to be able to identify entries better.
So let's begin!
The first thing you want to identify are high timeframe points of liquidity (AT, BELOW or NEAR) highs and lows.
In this...
Use any economic calendar to monitor news releases. (forexfactory, myfxbook).
Below is how I adapt to news when trading my personal edge, including the pairs GBPUSD, EURUSD, AUDUSD and XAUUSD in my times. If you have tested pairs with other currencies, for example with CAD etc, make sure to be aware of related news there too.
Which news do I adapt to:
💀...
Whatever you trade…
A successful trader minimises these risks by asking and answering a series of vital questions.
This will help you ensure a clear strategy, an understanding of the market, and a control of emotions.
Let’s dive into these questions.
Q 1. Has a Trade Lined Up?
Identifying a potential trade is the first step.
Look for trends, chart patterns,...
The only constant with the financial markets is…
Change
The market is constantly changing in a way that it’s brining:
New demand
New supply
New volume
and fresh changes in the complex algorithms.
If you want to thrive you need to learn to learn to adapt, evolve and grow with the markets.
I want to cover four elements to today’s topic.
The Inevitability of...
It’s taking the world by a storm.
Smart Money Concepts is what has become famous lately.
Now I’ve been trading for 20 years and even I have learnt to adapt and adjust SMC to my trading strategy.
I guess we have to evolve and adapt with what there is.
Anyways, today I’ve written a complete Glossary on Smart Money Concepts terms for you.
Enjoy!
SMART MONEY...
Have you noticed?
That most successful traders, engage in some type of regular physical exercise.
And on their social channels they are either talking on the treadmill or they’re talking about their supplements they’re taking before they hit the gym.
And it makes you wonder.
Is gymming a prerequisite to trade well and successfully?
I mean, do we have to gym...
In the frenzied world of financial trading.
It gets to a stage eventually where we will hesitate to take the trade.
Even though you have the plan, strategy and mindset to a T.
Something could trigger you to not take the trade.
So why does this happen?
There are a multitude of reasons, but here are four reasons you might not take the trade.
Reason #1: Market...
THE 3 PHASES OF THE MARKET
The market goes through 3 phases, these phases can be seen on all assets and on all time frames. They happen on repeat.
These phases can be identified and market on your chart, to understand the true intentions of the market and also predict what will happen next.
1) CONTRACTION PHASE
When price forms a LH and HL this is the...
The realm of finance is replete with a plethora of phrases and terminology, and among the most prevalent is the notion of "smart money." This term commonly alludes to seasoned traders who possess access to a wealth of information and knowledge beyond the reach of novice traders or individual investors. Within the domain of cryptocurrency, the concept of smart...
💰10000LADYSUSDT | LONG TRADE
#1 - H8 FLAT BACK BULLISH HEIKIN ASHI ( At the Sweet Spot )
MONTHLY / DAILY / H12 / H8 / H4 BULLISH - UPTREND - Long bias
#2 - Jumped onto the LTF M5 CHART and entered my LONG when price was below the value line in combination with the TDI shark fin entry.
If price is confirmed on a bullish uptrend on the Higher time frame, then we...
It's taking the world by a storm.
Smart Money Concepts is what has become famous lately. Now I've been trading for 20 years and even I have learnt to adapt and adjust SMC to my trading strategy.
I guess we have to evolve and adapt with what there is. Anyways,
Today, I've written a complete Glossary on Smart Money Concepts terms for you.
Enjoy!
SMART MONEY...
Wyckoff is a method of technical analysis that was developed by Richard Wyckoff in the early 20th century. This method is based on the study of price action, market structure, and the interplay of supply and demand forces in the market.
The Wyckoff method is commonly used by traders and investors to identify trends, reversals, and key levels of support and...
